Heavy Israeli airstrikes hit central Beirut, according to witnesses

The heavy Israeli airstrikes in central Beirut raise significant concerns about regional stability, potentially escalating tensions and affecting market sentiment.

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Japanese Balance of Trade (Feb) 57.3B (Prev. -1152.7B, Low. -789B, High. 2299.7B)

Australian Westpac Leading Index MoM (Feb) M/M -0.1% (Prev. -0.1%)

Heavy Israeli airstrikes hit central Beirut, according to witnesses

PRE-MARKET JAPANESE AND SOUTH KOREAN STOCKS NEWS: Samsung Electronics (005930 KS) is set to host AMD (AMD) CEO Lisa Su at its production facilities, while the companies are expected to discuss potential cooperation in the foundry segment

Australian Westpac Leading Index MM (Feb) -0.1% (Prev. -0.1%)

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This development could lead to safe-haven flows into currencies like the USD and JPY, while commodities such as gold and oil might react to the increased geopolitical risk. Traders should watch for market volatility and shifts in asset correlations as the situation unfolds.

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