European stocks set to fall as U.S.-Iran tensions escalate; EasyJet faces takeover bid
By
Joseph Wilkins
4h ago· 2 min readenNews
75/100
Toasty
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Summary
European stock markets are expected to open lower on Monday amid escalating geopolitical tensions between the U.S. and Iran, including overnight strikes and Israeli military operations in Lebanon. Oil prices rose over 2% following the escalations. Meanwhile, British airline EasyJet faces a potential takeover bid. London's FTSE 100 is projected to open 0.3% lower, France's CAC 40 down 0.25%, and Germany's DAX broadly flat.
Key quotes
· 3 pulledEuropean stocks look set to fall on Monday as investors assess the latest violations of an increasingly fragile ceasefire between the U.S. and Iran
Oil prices rose over 2% Monday following the escalations, as foreign ministers in the U.K. and Germany
Israel ordered troops to push deeper into Lebanon on Sunday, and the U.S. and Iran traded strikes overnight
London's FTSE 100 looks set to open 0.3% lower, per IG data, while France's Cac 40 is slated to open 0.25% lower and Germany's Dax is seen opening flat.
