European indices jump as investors cheer Iran-Israel ceasefire ...Middle East

Eurostoxx +1.7%Germany DAX +1.8%France CAC 40 +1.6%UK FTSE +0.5%Spain IBEX +1.5%Italy FTSE MIB +1.5%

S&P 500 futures are also seen yup 1.0% on the day, holding near the highs. As geopolitical tensions ebb, we're now switching back to the usual stuff and that is to focus back on the economy and the trade/tariffs war. So far today, the biggest losers are gold and oil with the former down 1.5% to $3,317 with the latter down 1.8% to near $66 currently. The low for oil touched $64.41 earlier with the drop completely erasing the entire move from the Iran-Israel conflict.

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

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