European Shares Poised For Lower Open After New US Strikes On Iran

European stocks are set to open lower as investors weigh renewed U.S.-Iran tensions and await the core PCE price index, the Fed's preferred inflation gauge. The inflation release could provide fresh clues on the U.S. monetary policy path and interest-rate outlook. Risk appetite is modestly pressured by geopolitical uncertainty ahead of the data.

Analysis

European stocks are set to open lower as investors weigh renewed U.S.-Iran tensions and await the core PCE price index, the Fed's preferred inflation gauge. The inflation release could provide fresh clues on the U.S. monetary policy path and interest-rate outlook. Risk appetite is modestly pressured by geopolitical uncertainty ahead of the data.