Iran has struck Amazon (AMZN) servers in Bahrain
The reported strike on Amazon servers in Bahrain by Iran may heighten geopolitical tensions in the Middle East, potentially impacting tech and energy stocks.
German S&P Global Manufacturing PMI Final (Mar) 52.2 vs. Exp. 51.7 (Prev. 50.9, Low. 50.9, High. 51.7)
[MARKET UPDATE] Risk sentiment wanes, with stocks and bonds dipping whilst oil and USD rise; moves coincide with commentary from the Iranian Deputy Speaker of Parliament doing the rounds
Iran has struck Amazon (AMZN) servers in Bahrain
French S&P Global Manufacturing PMI Final (Mar) 50.0 vs. Exp. 50.2 (Prev. 50.1, Low. 50.2, High. 50.2)
Italian S&P Manufacturing PMI (Mar) 51.3 vs. Exp. 50.8 (Prev. 50.6)
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Given Amazon's critical role in cloud services and logistics, watch for volatility in AMZN and related sectors, as well as possible ripple effects on broader equities and energy prices if this escalates.
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