VIENNA (dpa-AFX) - French shares rose in choppy trade Tuesday after Eurostat figures showed Eurozone GDP grew 0.3 percent in the second quarter of 2016, in line with flash data released last month. Separate reports on German factory orders and construction activity also painted a positive picture of Europe's largest economy.
With oil slipping towards $47 a barrel on receding hopes for imminent action to tackle a supply glut, investors are beginning to look ahead to the European Central Bank meeting on Thursday for further direction.
While ECB President Mario Draghi is not expected to make any announcement on Thursday, he could use the opportunity to hint at further monetary easing to boost the flagging recovery. Analysts also expect the central bank to extend its bond-purchase program beyond its current end date in March.
The benchmark CAC 40 was up 10 points or 0.23 percent at 4,551 in late opening deals after closing marginally lower in the previous session.
Airbus Group rose over 1 percent after signing deals worth $6.5 billion with Vietnam carriers.
Payments firm Ingenico Group tumbled 13 percent after slashing its full-year targets amid temporary market decline in the U.S.
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