Stoxx 600, FTSE, DAX, CAC, Iran latest news
LONDON — European stock markets are expected to open higher on Tuesday as investors await Washington’s response to Iran’s peace proposals and earnings reports from several regional companies.
of england FTSE100 It seems that the index has started to rise slightly along with Germany’s DAX France up 0.23% CAC 40 Italy up 0.34% FTSE MIB 0.3% higher, according to IG data.
Earnings are coming Novartis, Airbus, blood pressure And Barclays on Tuesday.
White House press secretary Karoline Leavitt confirmed on Monday that investors will consider reports that US President Donald Trump and his national security team are discussing Iran’s proposal to reopen the Strait of Hormuz if the US lifts the blockade and the war ends.
The proposal envisages postponing negotiations on Tehran’s nuclear ambitions to a later date. axios And Associated Press reported at the beginning of the session.
It is unclear whether Trump, who has vowed not to lift the blockade until a deal is reached with Iran, will do so.100% complete“,” evaluated the reported offer to end the two-month war. Oil prices rose overnight due to continued uncertainty about the outcome of the war.
The global market’s attention will focus on central banks this week; The US Federal Reserve, the European Central Bank and the Bank of England will hold important meetings as the war raises inflation and growth expectations.
The Fed’s policy decision on Wednesday could mark the last meeting chaired by Jerome Powell before Kevin Warsh is expected to take over in May. The Justice Department decided to leave its criminal investigation to Powell on Friday, prompting Sen. Thom Tillis to end his blockade of Warsh’s confirmation.
While the ECB and BOE publish their latest monetary policy decisions on Thursday, economists expect central banks to act decisively on benchmark interest rates at their meetings this month. However, central banks are expected to leave the door open to interest rate increases later this year.
— CNBC’s Kevin Breuninger contributed to this market report.
