{"id":127366,"date":"2026-05-19T12:42:40","date_gmt":"2026-05-19T08:42:40","guid":{"rendered":"https:\/\/noortrends.ae\/en\/?p=127366"},"modified":"2026-05-19T12:42:44","modified_gmt":"2026-05-19T08:42:44","slug":"european-stocks-climb-on-iran-peace-hopes-trump-calls-off-strikes-as-nvidia-earnings-loom","status":"publish","type":"post","link":"https:\/\/noortrends.ae\/en\/european-stocks-climb-on-iran-peace-hopes-trump-calls-off-strikes-as-nvidia-earnings-loom\/05\/19\/market-updates\/","title":{"rendered":"European Stocks Climb on Iran Peace Hopes: Trump Calls Off Strikes as Nvidia Earnings Loom"},"content":{"rendered":"\n<h1 class=\"wp-block-heading\"><\/h1>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Key Takeaways<\/strong><\/h2>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Broad-based gains:<\/strong> The Stoxx 600 rose 0.3%, Germany&#8217;s DAX climbed 0.7%, France&#8217;s CAC 40 added 0.3%, and the U.K.&#8217;s FTSE 100 gained 0.4%.<\/li>\n\n\n\n<li><strong>Trump cancels strikes:<\/strong> The president said he had called off renewed attacks on Iran.<\/li>\n\n\n\n<li><strong>New Iran proposal:<\/strong> Tehran officials reportedly sent out a fresh peace proposal.<\/li>\n\n\n\n<li><strong>Ceasefire holds despite tensions:<\/strong> A prolonged, albeit fragile, truce has been in effect for longer than the initial bombing phase.<\/li>\n\n\n\n<li><strong>Lasting peace elusive:<\/strong> Both sides remain stuck in a protracted stalemate after months of war.<\/li>\n\n\n\n<li><strong>Hormuz still blocked:<\/strong> Both U.S. and Iranian blockades continue to shutter the vital waterway.<\/li>\n\n\n\n<li><strong>Brent retreats:<\/strong> Crude fell 1.5% to $110.47 per barrel, though still well above the pre-war $70 level.<\/li>\n\n\n\n<li><strong>20% of global oil affected:<\/strong> Hormuz handles roughly a fifth of the world&#8217;s crude shipments.<\/li>\n\n\n\n<li><strong>Inflation fears persist:<\/strong> Worries continue that the energy shock could spark a global inflation wave.<\/li>\n\n\n\n<li><strong>Nvidia earnings test:<\/strong> The AI giant&#8217;s report this week could determine whether the massive investment boom can continue.<\/li>\n<\/ul>\n\n\n\n<p>European stocks opened higher on Tuesday, buoyed by hopes that a peace deal between the United States and Iran may be possible.<\/p>\n\n\n\n<p>By 03:05 ET (07:05 GMT), the pan-European Stoxx 600 had risen 0.3%, Germany&#8217;s DAX had climbed 0.7%, France&#8217;s CAC 40 had gained 0.3%, and the U.K.&#8217;s FTSE 100 was up 0.4%.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Trump Pulls Back from the Brink<\/h2>\n\n\n\n<p>U.S. President Donald Trump said he had called off carrying out renewed attacks on Iran, while Tehran noted that its officials had sent out a new peace proposal.<\/p>\n\n\n\n<p>The U.S. and Iran have been at war since late February, although a prolonged, albeit fragile, ceasefire has been in effect for a longer period of time than the initial phase of bombardments on regions across the Middle East. Still, forging a lasting peace has proven elusive, leaving both sides stuck in a protracted stalemate.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Hormuz Still Cripples Global Oil Flows<\/h2>\n\n\n\n<p>Crucially, the Strait of Hormuz has remained effectively shuttered by U.S. and Iranian blockades for weeks, heavily disrupting global oil flows and sending crude prices sharply higher compared with pre-war levels. Roughly a fifth of the world&#8217;s oil traverses the narrow waterway off Iran&#8217;s southern coast.<\/p>\n\n\n\n<p>Brent crude futures, the global oil benchmark, were last lower by 1.5% at $110.47 a barrel. Before the beginning of the conflict, the contract was changing hands at around $70 a barrel.<\/p>\n\n\n\n<p>Worries have abounded that a war-linked energy shock could spark a wave of inflation around the world and keep borrowing costs elevated.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">All Eyes on Nvidia<\/h2>\n\n\n\n<p>Yet much of the sentiment in equity markets is in thrall to an ongoing boom in enthusiasm around artificial intelligence. The longevity of the massive burst of investment may receive a stern test later this week, when U.S. semiconductor giant Nvidia is due to report its latest results.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Key Takeaways Broad-based gains: The Stoxx 600 rose 0.3%, Germany&#8217;s DAX climbed 0.7%, France&#8217;s CAC 40 added 0.3%, and the U.K.&#8217;s FTSE 100 gained 0.4%. Trump cancels strikes: The president said he had called off renewed attacks on Iran. New Iran proposal: Tehran officials reportedly sent out a fresh peace proposal. Ceasefire holds despite tensions: &hellip;<\/p>\n","protected":false},"author":9,"featured_media":98251,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[6827,49,37,36],"tags":[],"class_list":["post-127366","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-daily-economic-reports","category-economic-reports","category-forex-markets","category-market-updates"],"_links":{"self":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/127366","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/users\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/comments?post=127366"}],"version-history":[{"count":1,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/127366\/revisions"}],"predecessor-version":[{"id":127367,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/127366\/revisions\/127367"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/98251"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=127366"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=127366"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=127366"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}