Key facts
- European shares fell to a three-month low on Tuesday.
- Banks led the decline in European equities.
- Rising oil prices and bond yields weighed on investor sentiment.
- The decline occurred ahead of the U.S. Federal Reserve's interest rate decision.
European shares declined to a three-month low on Tuesday, with the banking sector leading the retreat. Rising oil prices and bond yields contributed to a dampening of investor sentiment, with markets awaiting the U.S. Federal Reserve's interest rate decision later in the week.