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Stock exchange traders might be keen to note the index of European shares moved up to 1,139.08 points following a one per cent decrease on Monday, Reuters reports.
Geraud Missonnier, a trader at Saxo Banque in Paris, said people will be concentrating on results from companies later in the week as US giants JP Morgan are set to make an announcement.
He added: "But the euro zone debt fears will remain in the backdrop and could continue to weigh on banking stocks."
Further good news for investors came from speculation that Japan was thinking about purchasing 20 per cent of eurozone bonds, which will be released later in the month.
This came after predictions earlier this morning revealed European shares were set to rise as Wall Street finished off lows and Alcoa results came in higher than forecasts had expected.
Posted by Greg Secker
