European markets set to open higher; BP, Diageo earnings coming up

This is CNBC’s live blog covering European markets.

Good morning from London, and welcome to CNBC’s live blog covering all the action and business news in European financial markets on Tuesday.

Futures data from IG suggests a broadly positive open for European indexes, with London’s FTSE 100 seen opening 0.3% higher, France’s CAC 40

up 0.1%, Germany’s DAX up 0.2%, and Italy’s FTSE MIB 0.1% higher.

Investors on Tuesday will be assessing more tariff news after U.S. President Donald Trump announced plans to significantly raise tariffs on Indian exports to the U.S.