The FTSE 100 experienced volatility on Monday as investors digested the resumption of talks between the United States and Iran.
The diplomatic development, which follows a period of stalled negotiations, has introduced fresh uncertainty into global risk sentiment, weighing on London's blue-chip index.
Market participants are closely monitoring the progress of these discussions, as any breakthrough or setback could significantly impact energy prices and broader geopolitical risk premiums.
Simultaneously, domestic political dynamics in the UK are capturing attention.
Andy Burnham has laid out his plans for government, adding another layer of complexity to the trading day.
Investors are assessing the potential market implications of these political statements, particularly regarding fiscal policy and regulatory outlooks.