European markets stabilize in the green zone

European markets stabilized in the green zone during today’s trading. The regional STOXX 600 index rose by 0.15%, the UK’s FTSE 100 index rose by 0.27%, while the French CAC 40 and German DAX indices recorded gains of about 0.35% each.

This rise comes as an attempt to compensate for the losses suffered by the markets on Friday, following the exchange of airstrikes between Israel and Iran, which raised fears of a prolonged and violent conflict in the region. The oil and gas sector in the STOXX 600 index rose by 1.1%, driven by rising crude prices.

This week is witnessing significant momentum for markets and investors, as they await the US Federal Reserve’s decision on interest rates today.