Retired nun loses $400K in elaborate sweepstakes scam

This is CNBC s live blog covering European financial markets Here are the opening calls Karl Hendon Moment Getty ImagesLondon was the No most-visited city in the world for according to Euromonitor International Good morning from London and welcome to CNBC s live blog covering all the action in European financial markets as well as business news analysis earnings and information Futures content from IG on Tuesday morning suggests London s FTSE will open points higher at Germany s DAX points higher at France s CAC up points at and Italy s FTSE MIB up points at The specter of U S tariffs has returned to the fore for markets this week after President Donald Trump disclosed Friday that he will double tariffs on steel imports from to on June Investors will also be monitoring any developments in agreement talks between the U S and China which soured last week National Economic Council Director Kevin Hassett suggested Sunday that Trump and China s President Xi Jinping could have a conversation as soon as this week Holly Ellyatt What to keep an eye on currently Kiran Ridley Getty Images News Getty ImagesA cafe bar near the Eiffel Tower on Oct in Paris France Investors in Europe will be keeping a close eye on the latest inflation input from the euro zone Flash evidence from the single currency area is expected to show inflation cooled toward in May paving the way for the European Central Bank to deliver a widely expected basis point rate cut at its next meeting on Thursday Euro zone inflation was unchanged at in April missing expectations for a move lower Holly Ellyatt What s been going on in Asia-Pacific and U S markets overnight NYSETraders work on the floor of the New York Stock Exchange on June U S stock futures slipped on Tuesday morning after the major averages began June s trading on a positive note In the regular session the S P climbed The Nasdaq Composite advanced and the Dow added points or Stocks ended Monday higher despite rising tensions between China and the United States with Beijing countering President Donald Trump s accusations that it had violated a temporary transaction agreement Investors had grown hopeful that the two countries could work out a business deal but this latest expansion points to negotiations taking a turn for the worse Meanwhile Asia-Pacific markets mostly rose overnight after China s manufacturing activity in May shrank at the fastest pace since September a private survey evidenced The Caixin S P Global manufacturing purchasing managers index came in at missing Reuters median estimate of and dropping sharply from in April as a sharper decline in new export orders highlighted the impact of prohibitive U S tariffs Holly Ellyatt Amala Balakrishner and Lisa Kailai Han