UK Grocery Inflation eases to 3.1% in the four weeks to May 17th ( vs 3.8% in the four weeks to April 19th), according to Worldpanel

Iranian lawmaker Boroujerdi says in the draft agreement between Iran and the United States, it was agreed that Washington would commit to a comprehensive ceasefire for 60 days, including Lebanon, Al Mayadeen reports

European Movers: Stellantis (STLAP FP/STLAM IM) +2.1%, Airbus (AIR FP) +0.7%, Capgemini (CAP FP) -2.3%, Pets at Home (PETS LN) -3.5%, Siltronic (WAF GY) -5.2%

UK Grocery Inflation eases to 3.1% in the four weeks to May 17th ( vs 3.8% in the four weeks to April 19th), according to Worldpanel

Additional European Equity News

[MARKET UPDATE] Crude futures gradually dip to fresh session lows despite quiet macro newsflow, but amid a lack of major geopolitical updates while mediators continue efforts to end the US-Iran war