India, July 1 -- European stocks are seen opening broadly lower on Wednesday as investors weigh U.S.-Iran tensions and await key U.S. economic data for additional clues on the outlook for U.S. monetary policy.
American and Iranian officials are in Qatar, but Iran said it would not meet with top U.S. envoys, raising fresh concerns over the fragile interim ceasefire between the two nations.
Renewed exchanges of fire over the weekend have also dampened expectations of a durable truce. It appears the two sides are far apart on key pillars of the initial framework they signed two weeks ago.
For comments and feedback contact: editorial@rttnews.com
Published by HT Digital Content Services with permission from RTT News....