Explosion reported in US base in Erbil, Iraq, according to Fars News Agency
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Explosion reported in US base in Erbil, Iraq, according to Fars News Agency
Explosions sound in Iran's capital Tehran, according to Al Jazeera
Fed's Cook (voter) says uncertainty is elevated and balance of risks are largely on net in balance, adds sees inflation risk greater now as a result of the war in Iran and that it could have a substantial effect on inflation
On the Newsquawk feed at , 20 minutes before this page.
Context
The reported explosion at the US base in Erbil adds tension to the geopolitical landscape, particularly affecting sentiment around regional stability. Investors may look to assets like oil, gold, and safe havens for protection as this incident could heighten fears of conflict escalation. It's crucial to monitor how this impacts energy prices and overall risk appetite in both Asian and US trading sessions.
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