LONDON -- European stocks are set to open higher Tuesday, as upcoming central bank meetings remain in focus.

Investors are awaiting key monetary policy decisions the week, with the U.S. Federal Reserve widely expected to cut rates for the first time in four years on Wednesday.

Policymakers at the Bank of England and the Bank of Japan also meet on Thursday and Friday, respectively.

Asia Pacific markets were mixed on Tuesday, with Japan's Nikkei 225 dropping over 2% as the yen strengthened ahead of the Fed decision. U.S. futures were little changed.

Back in Europe, earnings come Tuesday from British retailer Kingfisher, while economic sentiment data is due out of Germany and the wider region.