Stock markets in Europe are set to open lower on Monday due to renewed geopolitical tensions in the Middle East and concerns about the Federal Reserve’s independence. Wall Street and Asian markets are expected to limit losses. On Friday, the Dow Jones added 0.48% while the Nasdaq gained 0.81%. European markets closed positively on Friday, with the Stoxx-50 surging 1.6% and the FTSE 100 gaining 0.80%. Futures for European markets are indicating a negative sentiment. American stock futures are trading lower as well. Asian markets are mixed. Gold prices hit a new all-time high of $4,612.40. Oil prices are up due to supply concerns from Iran. Major data releases and earnings updates are expected today.

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