European markets to open higher as Trump weighs Iran proposal

European stocks are set to open modestly higher as markets digest a possible Iran peace proposal that could ease Strait of Hormuz disruption risk. IG data shows the UK’s FTSE 100 pointing slightly up, with Germany’s DAX seen +0.23%, France’s CAC 40 +0.34% and Italy’s FTSE MIB +0.3%. Oil prices have edged up amid lingering supply concerns, while investors watch corporate earnings (Novartis, Airbus, BP, Barclays) and a busy central bank calendar — the Fed meets Wednesday and the ECB and BoE on Thursday. The Iran development and central-bank signals are likely to keep volatility elevated, providing upside if risk sentiment improves but downside if negotiations falter or policymakers turn hawkish.