European Shares Seen Lower At Open As Yields Surge On Inflation Worries

European equities are set to open broadly lower as oil prices climb on concerns that diplomacy may not reopen the Strait of Hormuz, a critical route for global energy supplies. The FTSE 100 may rise at the open, but the cross-market tone is cautious given the energy-driven geopolitical risk.

Analysis

European equities are set to open broadly lower as oil prices climb on concerns that diplomacy may not reopen the Strait of Hormuz, a critical route for global energy supplies. The FTSE 100 may rise at the open, but the cross-market tone is cautious given the energy-driven geopolitical risk.