Iran's diplomatic posture signals relaxation, European stocks rebound reflecting highly sensitive market sentiment.

Some reports claim that the Deputy Foreign Minister of Iran stated that Tehran had proposed to abandon its nuclear program before the US and Israel launched attacks on the country on Saturday. After falling 0.1% in opening trading, the STOXX 600 index is currently up 0.5%. All major European indices are now on the rise, with the IBEX 35 index in Spain leading with a 0.8% increase. Kathleen Brooks of XTB said, "These comments have not actually changed the current situation, but they do highlight how sensitive the market is to news headlines right now."