Stock markets mixed, oil prices lower

After Asian equity markets jumped in an echo of strong worldwide gains on Tuesday, European indices were lower approaching the half-way mark.

"The fears over the possibility of a substantial reversal of trade war progress has added a substantial amount of volatility to markets, yet as the past 24-hours has shown, markets still exhibit hope that we could see some form of resolution emerge from this current standoff," noted Joshua Mahony, senior market analyst at IG trading group.

Drone attacks claimed by Iran-aligned Yemeni rebels shut down one of the kingdom's main oil pipelines on Tuesday, further ratcheting up Gulf tensions after the mysterious weekend sabotage of four ships, two of them Saudi tankers.

is better if the oil price goes down

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