Headlines:US futures keep more mixed ahead of the open laterOil prices remain skewed to the upside heading into the weekend as US-Iran crisis keeps risks elevatedIran's army warns that if US attacks continue, war will spread to new areasSNB meeting minutes: inflation pressures virtually unchanged, monetary conditions are appropriateBoE's Breeden: We are in a 'good place' to monitor what's happeningUK economy grows marginally in May, driven by services sector bounceEurozone trade deficit widens further in May, the biggest since January 2023Markets:WTI crude down 0.3% to $79.35European indices fall, DAX down 0.8% and CAC 40 down 0.8%S&P 500 futures down 0.2%, Nasdaq futures down 0.8%CAD leads, GBP lags on the day10-year Treasury yields up 2.8 bps to 4.573%Gold down 0.8% to $4,029Bitcoin down 1.1% to $64,219Once again, markets are afforded a bit of a breather as the softer US PPI data yesterday followed up from the softer US CPI report from earlier this week.That being said, the overall mood is already starting to be unsettled as equities dip lower in European morning trade. Regional stocks are struggling this week but today, tech shares are following suit with semiconductors and chipmakers once again lagging ahead of the US open.The DAX and CAC 40 are both down 0.8%, while US futures are seeing red with S&P 500 futures down 0.2% and Nasdaq futures down 0.8%. Trouble, trouble.This comes as the conflict in the Middle East continues to rage on, keeping bond yields underpinned despite softer inflation data this week. 10-year yields in the US are nudging back up again to 4.57% with 30-year yields continuing to keep at the high side at 5.11%.In other markets, oil prices are keeping elevated but down slightly on the day. WTI crude is down 0.3% to $79.35 but still hanging near $80 on the week.Meanwhile, the dollar is mostly steadier today as higher yields continue to limit downside for the greenback this week. EUR/USD is flat at 1.1465 with USD/JPY also flat at 162.15 on the day. GBP/USD is down 0.3% to 1.3500, pulling back from the over 1% gains yesterday.As for precious metals, gold is down 0.8% to $4,029 as the slow bleed in the past week or so continues to play out.It's on to the US retail sales data next but in the bigger picture, US-Iran developments and the threat of that to the inflation outlook is now the main focus in looking to the second half of the week. This article was written by Justin Low at investinglive.com.