US futures dip lower as all eyes stay on the Middle East for now

Things are heating up as we get into European morning trade with equities starting to dip lower on the day. As he leaves on Air Force One, Trump is quoted as saying that Israel will accelerate its military campaign against Iran and that “you’re going to find out over the next two days that nobody’s slowed up so far”.

This is all throwing up more caution up in the air after markets tried to will its way to move on from the geopolitical tensions yesterday.

So far, most of the action seems contained to stocks with gold only marginally higher by 0.1% to $3,387 while major currencies are not really doing all too much on the day. The dollar is little changed and holding more mixed as we get things going on the session.

This article was written by Justin Low at www.forexlive.com.