Iranian Revolutional Guard Aerospace Commander says "our missile stockpile has increased since June 2025"; at highest level of readiness to respond to any attack

The statement from the Iranian Revolutionary Guard Aerospace Commander indicates an escalation in military readiness, which could heighten tensions in the region.

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[MARKET ANALYSIS] JPY mildly firmer amid the latest jawboning

[MARKET UPDATE] Crude continues to climb and print fresh highs with gains of c. USD 0.50/bbl, latest bout of action driven by IRGC commentary re. missile stockpiles and readiness

Iranian Revolutional Guard Aerospace Commander says "our missile stockpile has increased since June 2025"; at highest level of readiness to respond to any attack

[MARKET ANALYSIS] DXY is slightly lower whilst the JPY benefits somewhat from continued jawboning

[MARKET ANALYSIS] Fixed finds itself marginally firmer into a potentially packed afternoon

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Context

This development may impact oil markets and broader risk sentiment, especially if it suggests potential conflict escalation. Investors should consider how this may affect safe-haven assets, including gold and certain currencies, while keeping an eye on geopolitical risk premiums in specific markets.

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