European stock markets are poised to set their worst weekly performance since "Liberation Day" selling.

Due to the general sell-off triggered by the Middle East conflict, European stock markets are expected to see their worst weekly performance since the week of April 4, 2025. The pan-European STOXX 600 index is set to break its five-week upward trend, falling by 5.5%, making it the largest weekly decline since dropping by 10.5% following the imposition of "Liberation Day" tariffs by US President Trump. European blue-chip indices are all down, despite opening higher, as traders reacted to comments by the Qatari Energy Minister, who warned in an interview that oil prices could reach $150 per barrel. The UK's FTSE 100 index is anticipated to drop by 5.1%, while Germany's DAX index is expected to fall by 6.7%. In Paris, the French CAC 40 index is expected to close the week down by 7.2%.