European stocks expected to open higher as U.S.-Iran talks continue
European stocks are anticipated to open higher as optimism grows over U.S.-Iran negotiations. Major indices in France and Germany are projected to rise significantly, while the U.K.'s FTSE 100 remains closed for a holiday. Investor sentiment has been boosted by a drop in oil prices following positive comments from President Trump regarding the talks.
- ▪European stocks are set to open higher on Monday due to rising hopes for a U.S.-Iran deal.
- ▪France's Cac 40 is expected to add 0.9%, and Germany's Dax is on track to rise 1.1%.
- ▪Oil prices fell more than 5% after President Trump's comments, easing pressure on investors.
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European stocks are set to open higher on Monday as hopes for a deal between the U.S. and Iran rose over the weekend. France's Cac 40 is on course to add 0.9%, according to futures data from IG. Germany's Dax is on track to rise 1.1%. The U.K's FTSE 100 is closed for a public holiday. Stocks in Europe are tracking their Asian counterparts higher after Japan's Nikkei 225 breached 65,000 on Monday for the first time.Japan's headline index hit a record high in holiday-thinned Asia trading after reports that the crucial Strait of Hormuz may reopen soon drove oil prices down and boosted investor sentiment.President Donald Trump said in a Truth Social post that negotiations with Iran were "proceeding in an orderly and constructive manner," adding that he had told his representatives "not to…
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