European Shares Set For Softer Start On Inflation Concerns

European stocks may drift lower at open on Tuesday following a downbeat session on Wall Street overnight.

U.S. stock index futures were mixed amid rising concerns over Fed policy and escalating U.S.-Iran tensions.

Asian markets traded lower as surging oil prices fueled worries over inflation and raised the likelihood of tighter monetary policy, with traders now pricing a 57 percent chance of a September rate hike by the Federal Reserve.