European markets mixed as Iran reportedly makes peace proposal
European stocks were mixed at the start of the new trading week as investors keep a close eye on stalled Iran-U.S. peace talks.
AI Summary
European stocks are expected to open the week higher as investors monitor stalled Iran-U.S. peace talks and upcoming central bank meetings, with the U.K. index seen unchanged and major European indices showing modest gains. President Trump canceled plans for U.S. envoys to travel to Pakistan for negotiations with Iran, stating "too much time wasted on traveling," while Iran's Foreign Ministry confirmed no meetings with Washington are planned. The week ahead will be dominated by pivotal central bank decisions from the Federal Reserve, European Central Bank, and Bank of England, with the Fed meeting potentially marking Jerome Powell's final decision as chair.