In the United States, markets are also in the green, with the Dow Jones up 0.48% around 5:45 p.m.

However, despite the decline in volatility indices and oil prices, investors continue to show some caution. Donald Trump stated last night that the war in the Middle East was "practically over." Iran, however, warned that a resumption of negotiations on its nuclear program was unlikely and that it would continue its oil blockade in the region.

U.S. Secretary of Defense Pete Hegseth also indicated that Tuesday was expected to be the most intense day of strikes against Iran.

After nearing 120 dollars at the peak of tensions, Brent crude is down 0.45% at 89.16 USD. Its American counterpart, WTI, is shedding 4.33% to 84.76 USD.

"On this eleventh day of conflict, we are not in the same configuration as in 2022, at the start of the war in Ukraine," says Christopher Dembik, investment strategy advisor at Pictet AM. "We were facing both a supply shock (disruption of gas supplies) and a demand shock (strong consumption following Covid) which resulted in a generalized rise in prices. In some countries, such as Germany, this even led to a price-wage spiral. In such a situation, central banks had no choice but to increase key rates. They did so, sometimes massively. Currently, it is only a supply shock whose magnitude is still uncertain. In theory, central banks usually tend not to pay too much attention to it. They do not have the necessary tools to deal with it. Generally, they wait for it to fade or disappear," the analyst explains.

Stocks on the move

In corporate news, Schneider Electric (+4.04%) was supported by a note from Goldman Sachs, which raised its price target on the stock from 294 to 322 euros while maintaining its buy recommendation.

Renault (+0.39%) benefited from the presentation of its new strategic plan named "futuREady."

For its part, Séché Environnement (+6.78%) jumped the day after its annual publication, with the waste treatment specialist aiming for a recovery in profitability by 2026.

Elsewhere in Europe, German airline group Lufthansa (+7.89%) stood out by quickly adjusting its offering, adding several routes to Asia and Africa to meet a sharp rebound in demand. Swiss chocolatier Lindt & Sprüngli fell by more than 10% after lowering its organic growth forecasts for the year amid geopolitical uncertainties.

U.S. inflation in focus

On the statistical front, existing home sales came in better than expected in February, rising from 4.02 million units to 4.09 million, while the consensus targeted 3.89 million. In France, the trade deficit narrowed significantly in January 2026 to 1.84 billion EUR compared to 4.30 billion EUR in December 2025, according to seasonally and calendar-adjusted data published by Bercy.

In Germany, the trade surplus stood at 21.2 billion EUR in January 2026, after 17.4 billion EUR the previous month, according to seasonally and calendar-adjusted data from Destatis.

U.S. inflation will be monitored tomorrow ahead of the publication of the PCE index, the Fed's preferred measure, on Friday.

On the foreign exchange market, the euro is advancing 0.31% to 1.1654 USD.