European Stocks Poised for Cautious Open
2026-05-21 06:16
By
Jam Kaimo Samonte
1 min. read
European equity markets were on track to open slightly lower on Thursday as investors assessed signs that the US and Iran may be nearing an agreement to end the conflict and potentially reopen the Strait of Hormuz.
President Donald Trump said Washington was in the final stages of negotiations with Tehran, raising hopes that tensions in the Middle East could soon ease.
In Europe, market participants will closely monitor flash PMI data from the Eurozone, Germany, France and the UK, along with Italy’s current account figures, for further clues on regional economic conditions.
On the corporate side, investors are awaiting earnings results from Generali, BT Group and The Sage Group, among others.
In premarket trading, futures tied to the Euro Stoxx 50 and Stoxx 600 were both down around 0.2%.