European stocks up on Tuesday

ANKARA

European markets on Tuesday opened higher amid strengthening expectations that the US Federal Reserve's ultra-hawk monetary policies feed the risk appetite in the markets.

The STOXX Europe 600 index increased by 0.51% to 403.9 points, and Germany's DAX 40 index rose by 0.46% to 12,991 points.

The UK's FTSE 100 index went up by 0.13% to 7,023 points, while France's CAC 40 index edged higher by 0.85% to 6,183 points.

Spain's IBEX 35 index rose by 0,64% to 7,730 points, and in Italy the MIB 30 index went up by 0,53% to 22,099 points.

The euro/dollar parity is currently trading at 0.9860.

Investors focused on the European Central Bank's (ECB) interest rate decision due on Thursday.