World Shares Mixed Ahead of Fed Meeting

A currency trader watches monitors at the foreign exchange dealing room of the KEB Hana Bank headquarters in Seoul, South Korea, on Jan. 25, 2022. Ahn Young-joon/AP Photo

TOKYO—European stocks opened higher Tuesday after a day of steep losses in Asia as markets waited to hear from Federal Reserve chair Jerome Powell after a two-day policy meeting that ends Wednesday.

The possibility of conflict between Russia and Ukraine and concern over coronavirus outbreaks also were adding to uncertainties.