Europe Shares Seen Little Changed, Soaring Oil Eyed

European shares were expected to open little changed on Tuesday, with the focus on corporate results and a German indicator of economic sentiment as fears of a recession in the United States and big bank losses persisted.

Investors were expected to weigh the impact of record crude prices on company profits and consumer spending but heavyweight energy stocks were set to benefit.

Bookmakers saw Britain's FTSE opening unchanged to up 3 points, Germany's DAX down 8 to 13 and France's CAC unchanged to up 3 points.