Rising trade war and geopolitical tensions are expected to cause European stock markets to experience a mixed session at the start of a new trading week on Monday.
Over the weekend, Trump tweeted a threat to Iran, stating that conflict in the Middle East could result in the “official end” of Iran. Saudi Arabia too expressed its support with the US, stating that it was ready to respond to any possible flaring up of tensions in the region.
Meanwhile, uncertainty continues in Britain with PM May continuing to push harder to get her new and improved Brexit deal to pass through the Parliament. The fourth vote in early June will be her last attempt before she hands in her resignation, which also continues to weigh on markets.