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cnbc_topnews apr 27, 2026

European markets to start the week broadly higher despite Iran-U.S. impasse

European stocks expected to open higher despite stalled Iran-U.S. talks.

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european stocks are expected to open higher monday despite the us scrapping peace talks with iran over the weekend. the ftse is seen flat, germany's dax up 0.3%, france's cac 40 up 0.2%, and italy's ftse mib up 0.26%. trump canceled plans to send envoy steve witkoff and jared kushner to pakistan for talks, posting on truth social that "nobody knows who is in charge" in iran. iran's foreign ministry said no meetings were planned. this week is heavy on central banks. the fed's wednesday decision could be jerome powell's last as chair before kevin warsh takes over in may — the doj dropped its criminal probe into powell on friday, clearing the way. the ecb and boe both meet thursday, with economists expecting no rate changes but leaving the door open to hikes later. also monday: a man with multiple weapons charged a security checkpoint at the white house correspondents' dinner on saturday before being arrested. the suspect, cole allen of torrance, california, is in custody. earnings come from deutsche börse and german gfk consumer confidence data is due.
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