CNN's Tapper spoke to President Trump, Trump reportedly told him, “We’re knocking the crap out of [Iran], I think it’s going very well.”
Trump's comments about escalating military action against Iran could heighten geopolitical tensions, impacting risk sentiment across markets.
Zurich Insurance (ZURN SW) agrees with Beazley (BEZ LN), on terms of a recommended all-cash offer of USD approx. 10.9bln
US President Trump tells the NY Post that he will not rule out sending US troops into Iran ‘if necessary’, adds that he doesn't care about polling
CNN's Tapper spoke to President Trump, Trump reportedly told him, “We’re knocking the crap out of [Iran], I think it’s going very well.”
UAE says it dealt with 9 ballistic missiles, 6 cruise missiles and 148 drones
Russian President Putin holds a call with Saudi Crown Prince MBS, Tass reports; the two discussed events in the Middle East, and are concerned about risks of escalation
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- Tapper says that Trump also said: “we haven’t even started hitting them hard, the big wave hasn’t even happened. The big one is coming soon.”
- On who might emerge to lead Iran, Trump said, “We don’t know who the leadership is. We don’t know who they’ll pick. Maybe they’ll get lucky and get someone who knows what they’re doing.”
Investors may respond by favoring safe havens like gold and the JPY or reacting in the oil markets, where any conflict-related supply disruptions would be significant. This talk of a 'big wave' suggests an expectation of more aggressive measures, which could ripple through equity and FX markets as market participants reassess risk profiles and potential economic impacts.
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