The CAC 40 declined by 0.2% to approximately 8,467 on Monday, continuing the downward trend from the previous week as investors took a prudent approach in anticipation of a week filled with significant developments related to US-Iran tensions and important policy indicators. Markets are poised for additional insights regarding the proposed Iran sanctions by the US administration, as Treasury Secretary Scott Bessent is scheduled to conduct a press conference later today.

This move comes as Washington aims to garner wider international support for the measures. Attention will also turn to the Jackson Hole symposium, where Fed Chair Kevin Warsh’s remarks on Friday are anticipated to provide new perspectives on the US interest-rate outlook.

In Europe, investors are factoring in a 25-basis-point increase in ECB rates for September, subsequent to the central bank’s tightening action in June. Among individual stocks, TotalEnergies experienced a decline of 0.6%, Schneider Electric saw a decrease of 0.5%, Safran fell by 0.6%, and Stellantis faced a drop of 2.9%.