- European shares opened subdued on Tuesday, as metal miners partially offset a technology-related rally fuelled by robust earnings from SAP and Logitech (NASDAQ:index was flat at 514.9 points, as of 0715 GMT, after posting its best day in more than a month on Monday.
Earnings updates grabbed investor attention, with SAP jumping 6.2% after Europe's largest software maker reported a 25% jump in its cloud business and beat analysts' estimates for second-quarter revenue. Shares of Logitech International advanced 2.3% after the computer mouse maker raised its full-year sales and profit outlook on strong quarterly growth.New data and macro-economic projections will help the European Central Bank reassess its monetary policy stance in September, ECB Vice President Luis de Guindos said in an interview with Europa Press.
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