Proactive Investors - It is looking like a poor opening for the FTSE 100 index this Tuesday, with futures contracts suggesting up to 80 points of losses to 7,882.
It will add to the 30 points of losses tallied up yesterday, with oil heavyweights BP (LON:BP) and Shell PLC (LON:SHEL) the primary culprits for the bearish turn.
Tensions between Iran and Israel appear to be spooking stocks across the world; the three major US indexes also finished in the red yesterday, not helped by a middling start to the earnings season and Tesla layoffs.
Israel's military chief of staff said there "will be a response" to Iran's launch of missiles and drones towards Israeli territory, Reuters reported overnight.
On today’s macroeconomic calendar, the UK unemployment rate came in higher than anticipated at 4.2%, when analysts had expected a flat 4%.
Speaking of employment, City recruiter Robert Walters PLC (LON:RWA) will soon public its latest trading update, as will defence contractor QinetiQ and payments disruptor Wise PLC (LON:WISEa).