European Shares Seen Opening On Cautious Note

European stocks are seen opening mixed on Monday as investors brace for the announcement of fresh U.S. sanctions aimed at Iran.

U.S. stock futures ticked lower amid lingering concerns over surging crude oil prices and elevated bond yields across the globe.

As inflation worries mount, investors await the release of the U.S. Federal Reserve’s preferred inflation gauge as well as Fed Chair Kevin Warsh’s speech at the Jackson Hole symposium this week for additional clues on the rate outlook.