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The pan-European Stoxx 600 traded 0.34 percent in early morning trade, with most major bourses and sectors in positive territory.
Investors are keeping a close eye on oil prices, after new comments from President Donald Trump. He said that the group of oil producers OPEC should not cut supply to prop up the market. Oil prices fell about 1 percent on Tuesday.
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• Asian shares pared losses on Tuesday as hopes for a de-escalation in the Sino-U.S. tariff war rose on a report that China’s top trade negotiator was preparing to visit the United States ahead of a meeting between the two countries’ leaders.
That helped lift MSCI’s broadest index of Asia-Pacific shares outside Japan off the day’s low. It was still down 0.4 percent after skidding 1.7 percent at one point.
• Japanese stocks touched a two-week low on Tuesday, with technology firms coming under heavy selling pressure after shares of Apple Inc tumbled.
The Nikkei, however, pared its losses by the close and was off a session low of 21,484.65 - its weakest since Oct. 30 - on reports China and the United States have resumed high levels talks. The benchmark ended the day down 2.06 percent at 21,810.52.
• Shares in China staged a late-morning rally to move slightly higher at the midday break, with consumer firms overcoming a drag from financial firms, while in Hong Kong tech firms reversed an early slump to trim losses in the broader index.
At the midday break, the Shanghai Composite index was up 2.94 points, or 0.11 percent, at 2,633.46.
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