European markets struggle for direction as oil prices fluctuate
CNBC
European stocks are expected to open broadly flat on Tuesday as global markets keep a close eye on volatile oil prices.
LONDON — European stocks are set to open broadly flat on Tuesday as global markets remain volatile and oil prices continue to fluctuate.
The U.K.'s FTSE 100 index is seen opening 0.1% higher while Germany's DAX, France's CAC 40 and Italy's FTSE MIB are expected to be flat, according to data from IG.
Regional markets regained ground on Tuesday morning as investors continued to weigh ongoing unrest in the Middle East and elevated global oil prices.
European stocks are expected to open in mixed territory again on Thursday as markets following unsettling geopolitical developments in the Middle East.
European stocks are expected to open in mixed territory on Wednesday as markets continue to track developments in the Middle East.
European stocks are expected to open firmly in negative territory Tuesday as the geopolitical crisis in the Middle East continues to weigh on market sentiment.
Gold prices rose for a fifth consecutive session on Tuesday, as investors sought safe-haven assets amid an escalating U.S. and Israeli air war against Iran.
The yen and euro were lower on Tuesday as the widening Middle East conflict focused attention on countries dependent on energy imports.
Oil prices continue to rise Iran's Revolutionary Guard says it has closed the Strait of Hormuz,
European stocks are expected to start the new trading week firmly in negative territory.
Oil prices jumped to their highest levels in months on Monday as Iran and Israel escalated attacks in the Middle East, disrupting shipments from the region.
Gold prices rose on Monday after the U.S. and Israel launched strikes on Iran, killing Supreme Leader Ayatollah Ali Khamenei, deepening global uncertainty.
Oil futures on Monday jumped by over 8%, with West Texas Intermediate futures and Brent trading at $72.52 and $79.04 per barrel respectively.
European markets finished mixed as more earnings reports and economic data were in focus.