European stocks steady at open, UK data eyed

After witnessing a slightly positive close on Monday, the European equities opened flat to higher this Tuesday, taking the positive lead from their Asian counterparts.

Markets digest the latest German trade data, which turned out to be rather mixed as the trade surplus widened in June, while the exports fell short of expectations. Further, investors remain on the back foot ahead of the UK industrial and manufacturing production data due later this session.

Moreover, lower oil prices combined with mixed corporate earnings results, also added to the cautious tone seen behind the European equities.

Currently, Germany's DAX 30 index trades +0.26% higher at 10,460, while the UK's FTSE index trades +0.14% higher at 6,821. Among other European indices, the French CAC 40 index edges +0.15% higher at 4,422, while the pan-European Euro Stoxx 50 index advances +0.29% to trade just below 3k mark.