Iran's Foreign Minister says they are fully prepared to defend Iran's sovereignty and security against any transgressions
Iran's Foreign Minister's strong statement about defending the country's sovereignty suggests heightened tensions that could influence market dynamics.
Weekly SHFE warehouse stocks change (W/W): Copper +6.8%, Aluminium +13.1%, Zinc +8.5%, Lead +56.4%
ECB's Kazak says that rapid EUR strengthening may trigger a response from the ECB
Iran's Foreign Minister says they are fully prepared to defend Iran's sovereignty and security against any transgressions
Iraq's SOMO Director says they are planning to boost oil export from the south by 120k BPD
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This rhetoric may weigh on risk sentiment and lead to cautious positioning in energy and safe-haven assets like gold; traders should be aware of potential volatility in commodities and currencies as geopolitical narratives evolve.
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