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EU Market Open: Europe primed for a weaker open as energy benchmarks rally
The US continued to launch strikes for a third night, after President Trump stated that he would hit Iran “very hard” on Monday and Tuesday. Separately, Trump threatened to hit Iran’s “Pickaxe Mountain”, an underground nuclear facility; Brent Aug’26 +1.9%.US President Trump also announced a naval blockade, which is set to begin at 21:00 BST / 16:00 EDT.APAC stocks were mostly in the red given the geopolitical environment and tech sell-off; European equity futures are indicative of a weaker open.DXY takes a breather; Kiwi outperforms following regional data and hawkish comments from RBNZ’s…
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