President Donald Trump called for the evacuation of Iran’s capital Tehran on Monday, hours after he urged the country’s leadership to sign a deal to limit its nuclear program and Israel signaled strikes would continue. It wasn’t clear if Trump knew of a fresh round of attacks Israel may have planned for the city, which has a population of more than 9 million people. Israel had earlier warned one Tehran neighborhood to evacuate and video showed massive traffic jams as people sought to escape. Soon after Trump’s post, Iran’s Fars news agency reported several explosions east of the city. For more, we heard from Middle East Analyst and Author Rodger Shanahan. He spoke to Bloomberg's Paul Allen and Shery Ahn.

Plus- President Trump's comments on evacuating Tehran caused a jolt in global markets, with US futures falling and oil prices rising almost 2%. Despite earlier optimism that the conflict between Israel and Iran wouldn't escalate, Trump's comments contrasted with his earlier statement that Iran wanted to make a deal. For more, we turn to James Abate, Managing Director & Head of Fundamental Strategies at Horizon Investments.

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Oil climbed early Monday with investors squarely focused on escalating geopolitical tensions as Israel and Iran continue to bombard each other with no sign of a pause. Brent crude rose as much as 5.5% in early Asian trading after Israel and Iran continued attacks on one another's territories over the weekend. Israel launched an attack on the giant South Pars gas field in the Persian Gulf, forcing the shut down of a production platform, after air strikes on Iran's nuclear sites and military leadership last week. For more, we speak with Pavel Molchanov, Investment Strategy Analyst at Raymond James & Associates.

Plus - S&P 500 futures slipped, while Asian equity-index contracts pointed to declines in Hong Kong and Sydney, and a gain in Tokyo. The dollar saw modest gains against major peers in early trading. With Federal Reserve officials signaling an extended hold on interest rates, investors and economists will look to Chair Jerome Powell this week for clues on what might eventually prompt the central bank to make a move, and when. We take a look at the macro landscape with Patrick Kennedy, Founding Partner at AllSource Investment Management.

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Bloomberg Daybreak Weekend with Tom Busby takes a look at some of the stories we'll be tracking in the coming week.

• In the US – a look ahead to next week’s Fed decision.
• In the UK – a look ahead to next week’s Bank of England decision.
• In Asia – a look ahead to next week's Bank of Japan decision.

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