Over the US 3-day holiday weekend, the US president threatened Iran, but Russia’s Putin supported Iran’s regime, easing tensions. Meanwhile, China is stockpiling crude oil, seen as a strategic move in preparation for potential conflict with the US and its allies. US markets were closed, but global markets remained concerned about the current US president’s actions, including military preparations in Iran. Metals saw a drop in prices, with silver and gold declining. Energies sector also saw a decrease, with crude oil markets down. Equities were mostly in the green, with Asian markets lower.

Read more at Barchart: What are Global Markets Watching Monday?