Iran's IRGC says it has warned the US against any infiltration into Iran territory
Iran's IRGC warning the US against any infiltration into its territory could escalate tensions in the region, which may affect oil prices and safe-haven assets like gold.
Swiss Total Sight Deposits (w/e Jul 18) 469.4bln (prev. 471.3bln W/W), Domestic 443bln (prev. 444.8bln W/W)
Iranian Foreign Ministry says will not abandon talks with the US; Iran's sovereign rights over the Strait of Hormuz are non-negotiable
Iran's IRGC says it has warned the US against any infiltration into Iran territory
[MARKET UPDATE] Pressure in the crude complex following remarks from the Iranian Foreign Minister; upside in the fixed income & equities complex also seen
[EARNINGS PREVIEW] Novartis and Roche to kick off Pharma earnings
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Such geopolitical threats can lead to increased volatility in forex markets, particularly for currencies like the JPY and EUR, as investors assess the potential for conflict and its implications on global supply chains. Monitor how this develops, especially with energy commodities.
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