Israel is conducting a raid on a southern suburb of Beirut, according to Al Jazeera
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US is considering sending up to 10,000 additional ground troops to the Middle East, according to WSJ
Iranian Revolutionary Guard says they targeted oil tanks and depots and an Israeli army site in Ashdod, according to Al Jazeera
Israel is conducting a raid on a southern suburb of Beirut, according to Al Jazeera
US officials say that China's top chipmaker SMIC (981 HK) provided chipmaking technology to Iran's military
[MARKET UPDATE] Asia-Pac stocks begin lower following the tech and comms-led selling stateside, with the regional indices pressured despite Trump's 10-day extension to the Strait of Hormuz deadline
On the Newsquawk feed at , 20 minutes before this page.
Context
The news of Israel conducting a raid in Beirut signals potential escalation in regional tensions, which could adversely influence risk sentiment across markets. Given the geopolitical backdrop, expect heightened volatility in oil prices and safe-haven currencies like the USD as traders position for any further developments. The situation may influence risk-on/risk-off dynamics in the Asian session and beyond, impacting broader commodity and foreign exchange markets.
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