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European stocks are seen opening higher on Tuesday despite fresh concerns about the health<\/span> of China’s property sector, with Fantasia Group Holdings announcing late Monday it had missed debt payment. <\/p>\n Asian stocks extended a global rout amid the U.S. debt ceiling standoff and concerns that soaring oil prices will put further upward pressure on inflation.<\/p>\n U.S. stock futures rose, helping regional markets<\/span> came off from their day’s lows. Markets in China remain shut until Friday for the Golden Week holidays.<\/p>\n Copper eased on a firmer dollar, which edged toward a one-year high ahead of key U.S. payrolls data due later this week.<\/p>\n Gold struggled amid expectations the Federal Reserve will soon start tapering its economic support. <\/p>\n U.S. oil prices rose to the highest level in seven years after OPEC and other major producers decided not to increase their output by more than previously agreed.<\/p>\n In economic releases, French industrial output data, the U.K.’s new passenger cars registration figures and final purchasing manager’s index results from across the region will be released later in the session. <\/p>\n U.S. stocks fell sharply overnight as high commodity prices, a surge in Treasury yields and worries about growth rendered the underlying mood bearish.<\/p>\n The Dow shed 0.9 percent, the S&P 500 fell 1.3 percent and the tech-heavy Nasdaq Composite lost 2.1 percent.<\/p>\n European stocks also ended lower on Monday on worries that the regulatory crackdowns and a collapse at Evergrande could hurt an already fragile Chinese economy<\/span> and weigh on global growth.<\/p>\n The pan European Stoxx 600 dropped half a percent. The German DAX declined 0.8 percent, France’s CAC 40 index gave up 0.6 percent and the U.K.’s FTSE 100 eased 0.2 percent. <\/p>\n<\/p>\n<\/div>\n