All eyes are on the Middle East situation this week, following another deadline shift, while a raft of US inflation data could rattle markets.  

A Federal Reserve meeting minutes event and two key inflation reports are due this week as tension in the Middle East remains at a boiling point.

Crypto markets are up on Monday morning following President Trump’s extended deadline for Iran to open the Strait of Hormuz. He told Fox News on Sunday that he will “blow everything up” and “take over the oil” if they do not make a deal by Tuesday.

It appears that President Trump has shifted his deadline for US strikes on Iranian power plants for the fourth time, observed…