Iran announces a fresh wave of attacks on US bases and Israel, ISNA reports

Iran's announcement of a fresh wave of attacks on US bases and Israel indicates a significant escalation in regional tensions.

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French Inflation Rate MoM Final (Feb) M/M 0.6% vs. Exp. 0.7% (Prev. -0.3%)

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Iran announces a fresh wave of attacks on US bases and Israel, ISNA reports

Japan's Defence Minister Koizumi says it would be possible to provide escort for Japanese ships through Hormuz, however PM Takaichi clarified that no decisions have been made

Israeli army says it has begun a wave of air strikes targeting government infrastructure in Iran’s capital, Tehran, Al Jazeera reports

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This could heighten risk premiums in commodities, particularly oil, while potentially drawing a negative response from the USD as investors seek safety in havens. Traders should monitor market reactions closely, as such geopolitical developments often lead to increased volatility in both FX and energy markets.

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