Eurostoxx futures -0.4% in early European trading

• German DAX futures -0.4%
• UK FTSE futures -0.3%

All things considered, it’s not that bad in terms of the market reaction. S&P 500 futures were down roughly 1% at the lows earlier but are now down just 0.1% on the day. Markets are waiting on the Iran response next after the US moved to strike Iranian nuclear sites over the weekend, with Trump touting it as “monumental damage” and then calling a regime change in Iran. On that final point, it’s a bit off course as compared to what his underlings have previously said in just wanting to disarm Iran and not wanting to get involved politically. ¯_(ツ)_/¯

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