London, 30 April 2026 – European markets traded cautiously on Thursday as investors balanced stronger corporate earnings against renewed geopolitical risk, volatile oil prices and major policy decisions from the European Central Bank and the Bank of England.
The pan-European Stoxx 600 moved lower in early trade, with Germany’s DAX, France’s CAC 40 and the UK’s FTSE 100 also under pressure as investors reacted to rising Middle East tensions and the possibility of fresh disruption to global energy supply. Oil prices climbed sharply after reports of potential new US military action involving Iran, raising concerns that higher energy costs could reignite inflation pressure across Europe.
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