European Stocks Head for Lower Open
2026-03-05 06:24
By
Jam Kaimo Samonte
1 min. read
European equity markets were set to open lower on Thursday, surrendering some of the previous session’s gains as geopolitical risks remained elevated, with oil prices and the dollar resuming their climb.
The US-Israeli campaign against Iran has now entered its sixth day, keeping investors cautious about further escalation and the possibility of a prolonged conflict.
Reports also indicated that Iranian operatives had reached out to the US to explore potential peace talks, though Tehran later denied the outreach.
On the trade front, US Treasury Secretary Scott Bessent said President Donald Trump’s recently announced 15% global tariff is expected to take effect later this week.
In Europe, investors will monitor economic releases including Eurozone retail sales and French industrial production.
Corporate earnings are also due from Merck, Deutsche Post, and Snam, among others.
In premarket trading, Euro Stoxx 50 futures fell 0.9%, while Stoxx Europe 600 futures declined 0.5%.