European stocks open mixed on Tuesday ahead of a set of important Eurozone data that will be published at 10:00 GMT including the Employment Change, ZWE Economic sentiment, Harmonized Consumer Price Inflation and the German ZEW Sentiment. Yesterday Italy's central bank Governor Ignazio Visco said that he is concerned over the drop of the single currency as a consequence of quantitative easing launched by the ECB and that he has doubts about the effectiveness of the program.

The commodity heavy FTSE 100 index is currently trading +0.60% quoted at 6,844. Germany's DAX 30 is trading flat at 12,161.64 points, well above the psychologically important mark of 12,000 points. France's CAC 40 is currently trading at 5,071.66 points, +0.20%.