European stock exchanges kicked off the day with a bullish trend on Tuesday, riding the wave of Monday's upward momentum. Market participants are closely tracking a preliminary deal between the U.S. and Iran, which could initiate oil flow through the vital Strait of Hormuz once again. With oil prices potentially on the decline, inflationary pressures seem to be lessening.
European stock exchanges kicked off the day with a bullish trend on Tuesday, riding the wave of Monday's upward momentum. Market participants are closely tracking a preliminary deal between the U.S. and Iran, which could initiate oil flow through the vital Strait of Hormuz once again. With oil prices potentially on the decline, inflationary pressures seem to be lessening.
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