US futures are pointing to a lower open today. European equity markets have opened under pressure but are off their lows, following mixed Asian market trades. Global markets still focusing on Middle East tensions as situation remains fluid while markets await Israeli response to Iran's missile barrage. Israel reportedly not looking to spark regional war, and markets do not envisage major hit to oil supply. Yen under pressure as markets process dovish-leaning comments from BOJ officials and new PM Ishiba. ECB officials increasingly backing October rate cut. BOE could get more aggressive on rate cuts if good news on inflation continues.

Companies Mentioned: Apollo Global Management, Vonovia, United Airlines, Ares Management Corp