The European market is expected to start rising

The European stock market will start higher on Tuesday as investors prepare for this week's important central bank decisions.

There is a growing probability that the Bank of England will cut interest rates on Thursday, but there is still a close margin.

Meanwhile, there is a strong view that the US Federal Reserve (Fed) will leave interest rates unchanged, and there is a possibility that the Bank of Japan will raise interest rates again.

Other than that, investors will evaluate preliminary GDP figures for the second quarter, which will be announced across Europe on Tuesday, and Germany's July inflation data.

In terms of companies, British oil giant BP's net profit for the second quarter exceeded expectations, and dividends were increased.

Euro Stoxx 50 futures rose 0.2 percent in pre-market trading.