Stoxx 600, FTSE, DAX, CAC, Iran news, oil prices
Investors work at the New York Stock Exchange (NYSE) on Monday, March 9, 2026 in New York, USA.
Michael Nagle | Bloomberg | Getty Images
LONDON — European stock markets are expected to open in negative territory on Monday as investors grapple with the further escalation of the Iran war and the conflict enters its fifth week.
of england FTSE100 Germany’s index is expected to open with a 0.2% decrease DAX France fell 0.6 percent CAC 40 Italy, down 0.4% FTSE MIB According to IG data, it decreased by 0.4%.
Asia-Pacific markets traded lower overnight and European shares look set to follow suit as traders digest the latest war-related developments over the weekend.
US President Donald Trump he told the Financial Times He said on Sunday that he could “take the oil from Iran” and capture Kharg Island, Iran’s export hub. Meanwhile, the Houthi movement in Yemen said on Saturday that it had fired missiles at Israel, marking its first direct involvement in the US-Israeli-led war against Iran.
Houthi spokesman Yahya Saree said in a post on channel X that the group had launched a barrage of ballistic missiles at what it described as sensitive Israeli military sites in support of Iran and allied Hezbollah forces in Lebanon.
The attack indicates that the conflict, which started with air strikes by the USA and Israel against Iranian targets on February 28, will escalate further. Oil prices were higher in early Asian trading hours. West Texas Intermediate crude oil futures rose 2.58% to $102.19 per barrel.
G7 finance ministers, energy ministers and central bank governors will hold an emergency meeting on Monday. The meeting, which will be held virtually, marks the fourth meeting of the G7 at ministerial level since the start of the war in Iran.
Monday’s data includes EU economic sentiment and Germany’s latest inflation data.
— CNBC’s Lee Ying Shan, Anniek Bao and Leonie Kidd contributed to this market report.
