Global Stocks, S&P Futures Hit By Iran Tensions, G20 Fears [zero hedge]
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US equity futures dipped in the red, following European and Asian shares lower, amid renewed Iran tensions and trade jitters ahead of this week's G-20 meeting...... while the risk of more easing from the Federal Reserve and its central bank peers inflated gold to six-year highs, its price surging as high as $1,440 and stoked demand for safe-harbor currencies like the yen and Swiss franc and pushed bitcoin to new highs.Investor mood soured overnight when in the aftermath of the latest US sanctions, this time targeting Iran's Supreme Leader Ayatollah Ali Khamenei and other top officials, Iran said the path to a diplomatic solution with the U.S. had closed.“The futile sanctions against the Iranian leader and the country’s chief diplomat mean the permanent closure of the diplomatic path with the government of the United States,” the Foreign Ministry’s spokesman, Abbas Mousavi, was quoted as saying by semi-official Iranian Students News Agency. “The Trump government is in the process of de
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