Premarket

• Major European stock markets trended higher during premarket trading on Monday as investors positioned themselves ahead of key economic reports. • Market participants are awaiting inflation data from Switzerland and Turkey, alongside manufacturing Purchasing Managers' Index (PMI) reports from the Eurozone, Germany, and the United Kingdom. • These indicators are critical for assessing the current economic health and inflationary pressures across the Old Continent, which influence central bank policy.

• Wall Street index futures rose on Monday following an announcement that the United States and Iran have paused hostilities over the weekend. • The geopolitical de-escalation caused oil prices to drop sharply, boosting premarket trading for energy-sensitive stocks, including United Airlines and American Airlines. • Investors are now shifting focus toward critical economic data, with June durable goods reports expected later on Monday.

• European stocks and U.S. futures rose on Monday following an agreement between the United States and Iran to halt recent hostilities and renew diplomatic talks. • The ceasefire led to a decline in oil prices, which had previously spiked due to renewed attacks between the two nations. • This shift toward diplomacy is significant as it reduces geopolitical tension and market volatility surrounding energy supplies.