The euro rose for online trading accounts, recovering from some weeks of lows against the dollar and yen. European equities ended higher after hitting a two-week low on Monday, with stronger crude oil prices increasing energy stocks. Furthermore, the Swedbank is boosting banking stocks higher.

Reuters-Tokyo: Japan is arranging for a historical change as the official campaign finished on Tuesday for an Aug. 30 election that is supposed to end with more than half a century rule by the Liberal Democratic Party (LDP). Financial markets would welcome the prospect of a breakthrough in a long-running political system but worry about the ability of the Democrats to govern and the impact of their ambitious policies on Japan's public debt and fiscal deficit.

The USA-Federal Reserve organized a central bankers meeting in the annual convention in Jackson Hole, they are expected to discuss how to gradually turn off liquidity taps that have helped currency markets stabilization into the actual crisis. The extra money has driven short-term borrowing costs to their lowest levels in some decades.