[MARKET UPDATE] Energy at fresh highs as updates on US-Iran are not constructive, further pressure seen in both European & US equity futures while fixed returns to lows

The renewed tensions between the US and Iran are fueling concerns over energy supply, contributing to higher energy prices. This geopolitical strain is translating into a risk-off sentiment, as indicated by pressure on both European and US equity futures, alongside a drop in fixed income yields, which may reflect a flight to safety among investors. Overall, this situation suggests a heightened risk environment and could lead to further volatility as market participants reassess their positions.