Stock Market Impact: Pan‑European Stoxx 600 up 0.6% (highest since 2 Mar), DAX +1.0%, CAC 40 +0.9%; FTSE 100 and US markets closed for Memorial Day, liquidity thin.
Listed Companies and Sectors: Delivery Hero (Germany) shares jumped 10.7% to 18‑month high after an indicative takeover offer from Uber; Uber shares down 2.4%.
Investment Flows: Anticipation of US‑Iran peace deal and reopening of Strait of Hormuz may improve investor sentiment toward oil‑related assets and reduce risk premium.
Interest Rates, Inflation, and Liquidity: Brent crude fell 4.3% to $95.90/barrel, easing oil‑price‑driven inflation worries; no direct monetary policy action mentioned.
Fiscal or Monetary Policy: No fiscal or monetary measures disclosed; discussion centred on geopolitical resolution.
