European Stocks Gain as US‑Iran Tensions Ease

European stocks closed higher on the first trading session as US‑Iran tensions eased, reducing risk aversion.

Stoxx 600 and National Indices Show Buying Momentum

■Stoxx Europe 600: up 0,02% to 644,62 points

■FTSE 100 (UK): rose 0,42% to 10,781.75

■DAX 40 (Germany): gained 1,04% to 25,361.03

■CAC 40 (France): increased 0,4% to 8,406.06

■FTSE MIB 30 (Italy): climbed 0,49% to 52,054.95

Euro‑Dollar Parity Edges Higher in Low‑Volatility Environment

■EUR/USD: up 0,05% to 1.137

German Business Confidence Improves Slightly After July Gains

■Business confidence showed a modest rebound, reflecting the expected July improvement.

Markets are shifting back into risk‑on mode as geopolitical risks recede, and the mild upside bias in technical indicators supports near‑term buying pressure. Near the 61.8% Fibonacci retracement level, the Stoxx 600 finds support close to the 650‑point resistance zone, which could be tested next. The Ichimoku cloud, with price staying above the cloud, signals the continuation of the uptrend. Moreover, the 50‑day moving average crossing above the 200‑day average reinforces the medium‑term positive momentum.