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European stocks set to rise as investors await euro zone inflation data amid Middle East tensions

Market News
02 Jun 2026
CNBC
View Source
Neutral
pluang ai news

European stock futures are pointing to a positive open, with the Stoxx 50 up 0.6%, as investors await key euro zone inflation data amid rising concerns over the U.S.-Iran conflict and its impact on energy prices. Inflation in the euro zone rose to 3% in April, above the ECB's 2% target, increasing expectations for a rate hike later this month. Meanwhile, geopolitical tensions remain high with ongoing Russia-Ukraine conflict and EU sanctions preparations. Additional economic data from Europe, including trade and unemployment figures, will also be released today.

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