Stoxx 600, FTSE, DAX, CAC, Iran news, oil prices
An employee of Basra Oil Company works at the Nahr Bin Umar Oil and Gas Field on the outskirts of the city of Basra in southern Iraq on April 29, 2026.
Hussein Faleh | Afp | Getty Images
LONDON — European stock markets are expected to open in the negative zone as the possibility of a quick solution to the US-Iran war becomes increasingly remote.
of england FTSE100 Germany’s index is expected to open with a 0.5% decrease DAX France with a loss of 0.76 percent CAC 40 fell 0.4 percent and Italy FTSE MIB According to IG’s data, it is 0.56% lower.
Optimism about an upcoming US-Iran peace deal faced a reality check late Monday when President Donald Trump said the ongoing ceasefire was on “life support” after Tehran sent an “unacceptable” counter to Washington’s offer to end the war.
Trump told reporters in the Oval Office that the status of the one-month ceasefire was “incredibly tenuous.”
Oil prices rose in response to these comments, and stock markets in the Asia-Pacific region traded in mixed areas overnight. Meanwhile, U.S. stock futures traded near flat on Monday night as traders eagerly awaited the April consumer price index reading. Economists participating in the Dow Jones survey expect inflation to increase by 3.7% compared to the previous year.
The growing political crisis in England is also in the focus of European markets, as more than 70 Labor Party MPs, including government ministers, called on Prime Minister Keir Starmer to resign or set a timetable for his resignation on Tuesday. This statement follows the ruling party’s disastrous performance in last week’s local council elections.
The Prime Minister took responsibility for the poor election results and admitted on Monday that he had “doubts”. Starmer vowed to “face the big challenges” facing the country, but his speech failed to impress party insiders as several deputy ministers resigned on Monday.
Earnings reports are coming Siemens Energy, Bayer, vodafone, Imperial Brands And Uniper on Tuesday. Data releases include German inflation data and EU economic sentiment figures.
