DAX futures up 0.3%, CAC 40 futures up 0.4%

EUR/USD sits at 1.3685, effectively unchanged from where it closed out Monday in North America.

Euro zone data due today:

07:45 GMT: Italian services PMI for September expected 50.6 from previous 51.4

07:50 GMT: French services PMI for September (final) expected 58.8

07:55 GMT: German services PMI for September (final) expected 54.6

08:00 GMT: Euro zone services PMI for September (final) expected 53.6; composite 53.8

09:00 GMT: Euro zone retail sales for August expected +0.2% m/m, +1.3% y/y