European markets close on firm note amid easing geopolitical tensions

European markets closed on a firm note on Monday, extending gains from previous session as lower bond yields and hopes of a Russia-Ukraine "energy ceasefire" helped underpin sentiment. US President Donald Trump's recent comments that there won't be any military action against Iran before the midterm elections in the US helped as well.

Oct 12, 2026 - 21:00
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European markets close on firm note amid easing geopolitical tensions
European markets closed on a firm note on Monday, extending gains from previous session as lower bond yields and hopes of a Russia-Ukraine "energy ceasefire" helped underpin sentiment. US President Donald Trump's recent comments that there won't be any military action against Iran before the midterm elections in the US helped as well.

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