{"id":127972,"date":"2026-06-04T13:16:12","date_gmt":"2026-06-04T09:16:12","guid":{"rendered":"https:\/\/noortrends.ae\/en\/?p=127972"},"modified":"2026-06-04T13:16:16","modified_gmt":"2026-06-04T09:16:16","slug":"european-stocks-edge-up-as-israel-lebanon-ceasefire-revives-iran-peace-hopes-tsmc-bullish-on-ai-demand","status":"publish","type":"post","link":"https:\/\/noortrends.ae\/en\/european-stocks-edge-up-as-israel-lebanon-ceasefire-revives-iran-peace-hopes-tsmc-bullish-on-ai-demand\/06\/04\/market-updates\/","title":{"rendered":"European Stocks Edge Up as Israel-Lebanon Ceasefire Revives Iran Peace Hopes: TSMC Bullish on AI Demand"},"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>Modest gains:<\/strong> The Stoxx 600 rose 0.1%, Germany&#8217;s DAX ticked up 0.2%, France&#8217;s CAC 40 inched 0.3% higher, while the U.K.&#8217;s FTSE 100 was unchanged.<\/li>\n\n\n\n<li><strong>Israel-Lebanon ceasefire renewed:<\/strong> A fourth round of U.S.-mediated talks produced a new truce \u2014 contingent on a full cessation of Hezbollah fire and evacuation of operatives south of the Litani River.<\/li>\n\n\n\n<li><strong>Hezbollah excluded:<\/strong> Notably, Hezbollah did not participate in the negotiations.<\/li>\n\n\n\n<li><strong>Iran peace hopes boosted:<\/strong> An Iran deal has been contingent on stopping Lebanon fighting, making the ceasefire a key prerequisite.<\/li>\n\n\n\n<li><strong>Brent edges down:<\/strong> Oil fell 1.0% to $96.84 per barrel on the de-escalation news.<\/li>\n\n\n\n<li><strong>Eurozone yields retreat:<\/strong> Bond yields fell on expectations a potential U.S.-Iran deal could reopen Hormuz and ease inflation.<\/li>\n\n\n\n<li><strong>ECB rate hike still priced in:<\/strong> Markets still expect the ECB to raise rates later this year to tackle energy-driven inflation.<\/li>\n\n\n\n<li><strong>Trump sees deal &#8220;this weekend&#8221;:<\/strong> The president suggested progress on Iran talks could come as soon as this weekend.<\/li>\n\n\n\n<li><strong>Iran denies communication cut:<\/strong> Iran&#8217;s foreign minister said contact with Washington has not been severed.<\/li>\n\n\n\n<li><strong>House votes against war:<\/strong> The House of Representatives voted to block Trump from continuing the Iran conflict \u2014 though the measure still needs Senate approval and two-thirds majorities to override a veto.<\/li>\n\n\n\n<li><strong>TSMC bullish on AI:<\/strong> The Taiwanese chipmaking giant&#8217;s CEO said runaway computing demand will fuel growth for years.<\/li>\n\n\n\n<li><strong>STMicroelectronics and ASML dip:<\/strong> Both fell on Broadcom&#8217;s disappointing guidance despite strong AI revenue.<\/li>\n\n\n\n<li><strong>Broadcom&#8217;s mixed report:<\/strong> Revenue surged on AI demand, but guidance underwhelmed some investors.<\/li>\n\n\n\n<li><strong>Remy Cointreau soars:<\/strong> The spirits maker&#8217;s CEO outlined a plan to lift operating profit by ~\u20ac100 million by 2028\/29 and double travel retail and emerging market sales.<\/li>\n<\/ul>\n\n\n\n<p>European stock markets floated mostly above the flatline on Thursday, as investors assessed the implications of a fresh Israel-Lebanon ceasefire agreement on negotiations to end the more than three-month-old war in Iran.<\/p>\n\n\n\n<p>By 03:13 ET (07:13 GMT), the pan-European Stoxx 600 had risen 0.1%, Germany&#8217;s DAX ticked up 0.2%, France&#8217;s CAC 40 inched 0.3% higher, and the U.K.&#8217;s FTSE 100 was unchanged.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Israel-Lebanon Ceasefire Bolsters Iran Peace Hopes<\/h2>\n\n\n\n<p>Israel and Lebanon have agreed to renew their shaky ceasefire \u2014 bolstering hopes for an eventual peace deal between the United States and Iran. An agreement between Washington and Tehran has been contingent upon a cessation of fighting in Lebanon, where U.S.-aligned Israeli forces have been battling Iran-backed Hezbollah militants.<\/p>\n\n\n\n<p>Following a fourth round of U.S.-mediated discussions, both Israel and Lebanon said the truce would be &#8220;contingent on a complete cessation of Hezbollah fire and the evacuation of all Hezbollah operatives&#8221; from areas south of the Litani River in southern Lebanon.<\/p>\n\n\n\n<p>&#8220;These steps will enable progress towards a comprehensive peace and security agreement,&#8221; a joint statement said.<\/p>\n\n\n\n<p>Hezbollah, notably, did not take part in the negotiations.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Markets React to Easing Regional Tensions<\/h2>\n\n\n\n<p>Brent crude futures, the global oil benchmark, edged lower in the wake of the ceasefire announcement, sliding 1.0% to $96.84 a barrel. Eurozone government bond yields also retreated, reflecting hopes that a potential U.S.-Iran deal may include the reopening of the Strait of Hormuz \u2014 relieving some upward pressure on energy prices and broader inflation. Markets have been predicting the European Central Bank could hike interest rates later this year to help rein in price growth across the Eurozone.<\/p>\n\n\n\n<p>On Wednesday, U.S. President Donald Trump suggested that progress could be made in talks with Iran as soon as this weekend, while Iran&#8217;s foreign minister said contact with Washington had not been cut off. Earlier this week, media reports suggested that Tehran had halted sending messages to the United States through mediators.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">U.S. Congress Pushes Back on the War<\/h2>\n\n\n\n<p>Trump is also facing escalating demands at home to end the conflict. The House of Representatives \u2014 despite being controlled by Trump&#8217;s Republican party \u2014 voted in favor of a resolution blocking the president from continuing the war. The measure still needs Senate approval, as well as the backing of two-thirds majorities in both chambers to override a presidential veto.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">AI Boom Remains the Dominant Market Theme<\/h2>\n\n\n\n<p>Beyond geopolitics, artificial intelligence remains the overriding market narrative. Taiwanese contract chipmaking giant TSMC&#8217;s CEO said on Thursday that the company expects runaway demand for computing power and cutting-edge semiconductors to fuel growth for years to come.<\/p>\n\n\n\n<p>Yet European chip players STMicroelectronics and ASML ticked lower in early trading, dragged down by quarterly results from U.S. peer Broadcom. The firm posted a jump in revenue thanks to soaring AI chip demand, but shares slid in extended-hours trading on guidance that failed to meet some investors&#8217; elevated expectations.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Remy Cointreau Surges on Turnaround Plans<\/h2>\n\n\n\n<p>Elsewhere, shares of Remy Cointreau spiked in Paris trading after the spirits maker&#8217;s CEO outlined plans to increase operating profit by roughly 100 million euros by 2028\/29. The group is also looking to double the size of sales in travel retail and emerging markets as it embarks on a sweeping three-year turnaround push.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Key Takeaways Modest gains: The Stoxx 600 rose 0.1%, Germany&#8217;s DAX ticked up 0.2%, France&#8217;s CAC 40 inched 0.3% higher, while the U.K.&#8217;s FTSE 100 was unchanged. Israel-Lebanon ceasefire renewed: A fourth round of U.S.-mediated talks produced a new truce \u2014 contingent on a full cessation of Hezbollah fire and evacuation of operatives south of &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-127972","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\/127972","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=127972"}],"version-history":[{"count":1,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/127972\/revisions"}],"predecessor-version":[{"id":127973,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/127972\/revisions\/127973"}],"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=127972"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=127972"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=127972"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}