Euro Stocks Rise on Falling Oil Prices and Diplomatic Hopes

European equity markets are poised for a higher open on Monday as oil prices continue to fall due to hopes of a diplomatic resolution to the Middle East conflict, alleviating inflation concerns.

US President Donald Trump hinted at meeting with Iranian President Masoud Pezeshkian at the United Nations General Assembly this week, possibly also discussing matters with other Persian Gulf leaders.

Investors are also keeping a close eye on ongoing US-China talks ahead of a summit between Presidents Trump and Xi Jinping later in the week.

In Europe, Germany is facing a severe political crisis as embattled Chancellor Friedrich Merz vows to remain in office and implement potentially challenging reforms in the largest European economy.