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The U.K.’s FTSE 100 index is seen opening slightly higher, with Germany’s DAX up 0.24%, France’s CAC 40Â up 0.2% and Italy’s FTSE MIB up 0.6%, according to data from IG.
Global markets are still assessing prospects for peace talks and the possibility of escalation.
The two-week ceasefire agreed between the U.S. and Iran was set to expire at 12:00 a.m. GMT (Tuesday, 08:00 p.m. ET), although U.S. President Donald Trump told Bloomberg on Monday that the truce would end “Wednesday evening Washington time.”
Trump again threatened Iran with overwhelming military force on Monday, saying “lots of bombs [will] start going off” if no deal is reached before the shaky ceasefire expires.
The latest threat, made in a phone call with a PBS News reporter, came as the status of fresh U.S.-Iran peace talks have grown increasingly opaque.
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