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Transcontinental geopolitical region
The Middle East is a geo-political region that is generally defined as encompassing all of Egypt and all of West Asia except for the Caucasus. It roughly corresponds with what was historically referred to in Western Europe as the Near East, which was juxtaposed with the Far East. Unlike West Asia's adherence to continental boundaries, the Middle East is demarcated by following political borders and consequently includes East Thrace in Southeast Europe because it is a part of Turkey.
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Wall Street's main indexes opened muted on Monday as investors watched oil prices and global events ahead of crucial bank earnings and inflation data due later in the week that are widely expected to influence the central bank's rate path.
Vanguard FTSE All-World ETF gained 0.64% Friday after Trump ruled out a pre-midterm strike on Iran,
South Korean stocks fell about 1.5% in early trading, extending last week's decline as higher oil prices and renewed Middle East strikes outweighed gains on Wall Street.