European shares rose nearly 1% Monday as optimism over a pause in US-Iran hostilities pushed Brent crude futures down 6% to around $90 a barrel. This de-escalation boosted global risk sentiment, with energy stocks being among the few decliners. Investors are now keenly awaiting quarterly results from major US tech companies this week. Lower oil prices could ease inflationary pressures globally, potentially reducing safe-haven demand for gold and offering some relief for Pakistan's import bill.
بحوالہ / Source: www.brecorder.com