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European Shares Seen Bouncing Back

European stocks were seen rising on Tuesday, bouncing back from a three-session losing streak as investors start buying back recently-battered financial shares, while energy stocks could find support in buoyant crude oil prices.

Financial bookmakers, or spread betters, in London expected Britain's FTSE 100 index to open between 37 and 42 points higher, the German DAX 42 to 52 points higher and the French CAC 40 13 to 37 points higher.

The pan-European FTSEurofirst 300 index lost 0.7 percent on Monday, closing at 1,549.2, with banks again topping the losers list after Citigroup warned of loan losses, triggering fresh worries over the impact of credit crisis. Europe's benchmark index has lost 3 percent over the past three sessions.