European Shares Poised For Positive Opening Ahead Of Key US Data
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European stocks are expected to open positively despite rising U.S.-Iran tensions and uncertainty about interest rates. WTI crude futures reached a seven-month high at $66.80 per barrel. Key U.S. economic data, including Services PMI and personal income, will be released, influencing Fed rate cut expectations. Asian markets fell due to geopolitical tensions and concerns in the U.S. private credit market. U.S. stocks ended lower amid these tensions, with the Dow down 0.5% and the Nasdaq and S&P 500 down around 0.3%.
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