Iranian Parliament Speaker says we do not seek a ceasefire and believe in the necessity of teaching the aggressor a harsh lesson
The Iranian Parliament Speaker's declaration against a ceasefire and intention to teach a 'harsh lesson' to aggressors signals an escalation in tensions, which could have significant implications for regional stability.
ECB's Muller says the chance of rate hike has increased but should not rush, need to see if the surge in energy prices is transitory or not
ECB's Simkus says it is important to stay calm until the next policy decision and not to over react, we are aware of the recent changes in market pricing but should stay the course for now
Iranian Parliament Speaker says we do not seek a ceasefire and believe in the necessity of teaching the aggressor a harsh lesson
Japan's Trade Minister Akazawa says Japan supports the IEA-led coordinated release of strategic oil reserves
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This rhetoric may heighten concerns around oil supply disruptions, potentially impacting crude prices and safe-haven assets like gold and the USD. Traders should watch for market reactions in those asset classes as the geopolitical landscape evolves.
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