European equity markets are poised to open higher on Monday, driven by renewed optimism surrounding diplomatic efforts between the United States and Iran.
Futures data indicate a broad-based recovery, with France's CAC 40 expected to rise by approximately 0.9% and Germany's DAX also trading in positive territory ahead of the open.
22 points. The sell-off was fueled by escalating tensions in the Middle East, which triggered risk-off sentiment across global markets.
The rebound comes after a volatile session on Friday, when the DAX suffered a sharp 1.3% decline, closing at 24,671.22 points.
The sell-off was fueled by escalating tensions in the Middle East, which triggered risk-off sentiment across global markets.
However, the current pricing in futures suggests that investors are interpreting the latest developments in U.S.-Iran negotiations as a potential de-escalation, prompting a swift reversal of the previous day's losses.
Asian markets appeared largely unfazed by the geopolitical friction over the weekend, providing a stable backdrop for European traders.