The FTSE 100 is set to open lower today amid renewed fears over the situation in the Middle East. Meanwhile, today’s schedule also includes UK retail sales and Man Group results. The FTSE 100 index is set to fall about 0.9% as traders react to developments in the Middle East and a weak finish for US stocks last night.
With El Niño officially declared over and suggestions La Niña could be on its way, Australia may be in for a history-making weather sequence.
Israel was reported to have attacked Iran on Friday following apparent explosions the Middle Eastern country. American broadcast networks quoting unnamed US officials said Israel carried out an attack.Iranian state media said Tehran had fired air defence batteries early on Friday morning after following reports of explosions near the city of Isfahan. Tensions have risen in the region after Iran's unprecedented missile-and-drone attack on Israel on Saturday night.