Iran began a new round of missile attacks against Israeli positions, according to SNN

Context

The recent missile attacks by Iran on Israeli positions could escalate tensions in the region, impacting oil supply chains and energy prices. Investors may seek safe havens like gold and the USD, while the geopolitical risk could lead to volatility in the forex markets, particularly affecting currencies tied to regional stability such as the JPY and GBP. This situation could signal a broader concern for risk assets and commodity markets, particularly in energy and metals sectors.

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