European stocks are set to open higher Thursday as investor sentiment improved on the back of easing U.S.-Iran tensions.
Britain’s FTSE 100 is seen climbing 24 points to 7,590, Germany’s DAX rising 87 points to 13,401 and France’s CAC increasing 31 points to 6,055, according to IG index data.
It comes after comments from President Donald Trump which served to cool panic over rising tensions in the Middle East. Trump said Wednesday that Tehran “appears to be standing down” following missile strikes on Iraq airbases housing U.S. troops in retaliation to the killing of Iran’s top military general, Qasem Soleimani.
Trump added Washington would “immediately impose additional punishing economic…