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European Markets Bracing for a "Red Opening" as Iran-U.S. Tensions Boil Over
DAX and CAC Futures Slump Over 2% Following Trump’s 48-Hour Ultimatum to Iran
European stock futures are signaling a sharp sell-off at the opening bell on Monday, March 23, 2026. The downward move comes as global investors react to a dramatic escalation in the Middle East, with President Trump issuing a 48-hour deadline for Iran to reopen the Strait of Hormuz or face the "obliteration" of its power plants.As the deadline approaches (set to expire late tonight), the "flight to safety" has seen traders dump equities in favor of the U.S. Dollar and gold.
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