Israel is targeting civilian infrastructure in Iran in a "major escalation", Al Jazeera reports citing an informed Israeli source
This headline indicates a significant escalation in tensions between Israel and Iran, which could lead to increased volatility in energy prices and safe-haven assets like gold.
Iran's IRGC is to issue a warning to Gulf countries soon, Tasnim reports
An Iranian military source tells Fars News that Iran will strike the enemy's infrastructure after it targeted the Asalouyeh gas field, Al Jazeera reports; Iran will hit enemy sites that were previously thought as safe
Israel is targeting civilian infrastructure in Iran in a "major escalation", Al Jazeera reports citing an informed Israeli source
Daily US Equity Opening News - NVDA CEO says received orders from China for H200 processors; LULU soft guidance; M earnings beat
US PPI Ex Food, Energy and Trade MoM (Feb) M/M 0.5% vs. Exp. 0.3% (Prev. 0.3%)
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Market participants should watch for potential impacts on currency valuations, particularly the USD and JPY, as geopolitical risks often drive flows into havens. As the situation evolves, implications for commodity markets, especially crude oil and natural gas, are likely, underscoring the importance of monitoring this development closely.
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