With stocks running out of steam late yesterday afternoon we suspect that the market will continue to present itself lower in early morning trade as higher oil prices grabbed far bigger attention than the M&A activity.
Investors are keeping an eye on oil as the intensifying standoff between the West and Iran looks to pick up steam.
Oil I think is done and dusted for another few months.
There is always something on the boil at the moment and that keeps people on their toes.