ABC says US President Trump to mention Iran at 11:00EST/16:00GMT event at the White House
The announcement that President Trump will address Iran during a White House event could heighten geopolitical tensions, especially given current U.S.-Iran relations.
US S&P Global Manufacturing PMI Final (Feb) 51.6 vs. Exp. 51.2 (Prev. 51.2, Rev. From 52.4)
Israeli PM Netanyahu says Israel is working with the US to eliminate common threats
ABC says US President Trump to mention Iran at 11:00EST/16:00GMT event at the White House
Indications suggest that drones which targeted British bases in Cyprus were fired by Hezbollah in Lebanon, according to source reports
BASF (BAS GY) states it sees no immediate risks to raw material supply or global product distribution due to the Strait of Hormuz situation
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Markets may react to any rhetoric that suggests escalation or new sanctions, impacting energy prices and safe-haven assets like gold. Traders should watch for immediate volatility in currencies, particularly those closely tied to U.S. interests, as well as in commodities like oil which may be sensitive to shifts in supply outlook.
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