European Shares Set For Strong Start Amid Iran Deal Optimism
European stocks are expected to open sharply higher on Monday amid optimism over a potential US-Iran agreement, though trading volumes may remain thin due to the US Memorial Day holiday
European shares are expected to open sharply higher on Monday morning as market participants react to positive geopolitical developments. Investor sentiment has been boosted by rising expectations that the United States and Iran are closing in on a diplomatic agreement to end the ongoing three-month-old war.[1][2]
Despite the anticipated strong start for major European indexes, overall trading activity is projected to be relatively quiet. Market volumes are likely to remain thin throughout the Monday session due to a public holiday in the United States, where markets are closed in observance of Memorial Day.[1][2]
