European equities hold lower to start the week amid Iran-Israel conflict

  • Risk sentiment is cautious as we are still at the mercy of what comes next on the geopolitical front
  • Eurostoxx -0.6%
  • Germany DAX -0.5%
  • France CAC 40 -0.7%
  • UK FTSE -0.4%
  • Spain IBEX -0.6%
  • Italy FTSE MIB -0.9%

US futures are at least less hurt, with S&P 500 futures down by just 0.1% on the day. If anything, that's the more accurate barometer of how broader markets are taking to the US intervention in the Iran-Israel conflict. Is the situation going to stay somewhat contained? And even on any further escalation, it's always best to be reminded that geopolitical tensions will eventually pass in due time.

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