Wall Street Set To Start Positive

U.S. futures point to a moderately positive open for Wall Street, but rising uncertainty from the Middle East conflict is weighing on sentiment. Oil prices fell sharply, the dollar softened and gold slipped below $5,000, suggesting commodity and FX volatility that could influence energy and resource-sensitive positions at the open.

Analysis

U.S. futures point to a moderately positive open for Wall Street, but rising uncertainty from the Middle East conflict is weighing on sentiment. Oil prices fell sharply, the dollar softened and gold slipped below $5,000, suggesting commodity and FX volatility that could influence energy and resource-sensitive positions at the open.