LONDON – European stocks were expected to open higher on Tuesday as a busy earnings week gathers pace.

British FTSE German index opens up 0.18% German DAX Index France rose 0.15% CAC 40 Up 0.3%, Italy FTSE MIB It was up 0.4%, according to IG data.

Earnings season kicks off again, with regional investors paying close attention to the latest financial reports ASMLVolvo, LVMH and Deutsche BankWait, this week. Tuesday, Atlas Copco, sandvik and Logitech International Will report soon.

Global trade uncertainty rises after overnight US President Donald Trump On Monday, Trump took aim at South Korea, saying he would raise tariffs on Asia’s fourth-largest economy.

Trump said on “Truth Society” The country’s legislature has yet to approve Seoul’s trade deal with Washington, and tariff Tariffs on South Korean cars, medicines and lumber will rise from 15% to 25%. South Korean auto stock prices fell sharply but reduced losses overnight.

S&P 500 Index Futures Shares were trading near the flat line overnight after the major averages started a busy earnings week on a positive note. Investors are also awaiting the Federal Reserve’s interest rate decision later this week.

The central bank is widely expected to keep its key interest rate at a target range of 3.5% to 3.75%, but traders will be looking for clues on when future rate cuts may occur.

Data released in Europe include EU new car registrations, Spanish unemployment data and French consumer confidence data.

—CNBC’s Pia Singh contributed to this market report.