6:30AM European markets are trading lower ahead of U.S. market starts again.
European markets were lower by mid-morning on Tuesday. The U.K. FTSE 100 index edged down 0.2% at 5,974, the German DAX Xetra 30 index declined 0.2% at 5,896 and the French CAC-40 index decreased 0.3% at 5,189. French car maker Peugeot declined 0.9% while peer Renault retreated 0.7%. Compagnie Generale de Geophysique, provider of equipment and services to the oil and gas industry agreed to pay $3.1 billion for Veritas DGC, provider of geophysical information and services.

London crude oil prices bounced back to around $68 a barrel on Tuesday after falling to a more than 10-week low the day before, with many dealers moving to the sidelines to await the next step in Iran''s atomic stand-off. Brent crude for October delivery traded up 29 cents at $68.00 a barrel by 0650 GMT, after dropping $1.44 on Monday.

The euro was down slightly Tuesday against the U.S. dollar after a light day of trading with markets in the United States closed for the Labor Day holiday. In morning trading the euro bought $1.2839, from $1.2863 the night before. The British pound fell to purchase $1.9036 from $1.9061 on Monday, while the dollar rose slightly to buy 115.94 Japanese yen from 115.89 the night before.