Israeli military official says Israel is still striking Iran, according to CNN
The confirmation of ongoing Israeli military strikes on Iranian positions could lead to heightened tensions in the Middle East, impacting energy prices and safe-haven assets like gold.
Iranian source on social media platform X says during a two-week ceasefire, only about 10 to 15 ships will be permitted to pass through straight-off homers with Iran's approval - UNCONFIRMED
RBNZ keeps the OCR at 2.25%, as expected, while it stated in the near term inflation, is expected to increase and economic recovery to weaken, while committee is focused on ensuring that inflation returns at a 2% target midpoint over the medium-term
Israeli military official says Israel is still striking Iran, according to CNN
Recap of US-Iran two-week ceasefire agreement headlines
PBoC sets USD/CNY mid-point at 6.8680 vs exp. 6.8369 (Prev. 6.8854)
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Traders should watch for increased volatility in commodities and currencies associated with geopolitical risk, specifically oil (WTI) and currencies like the JPY and CHF. This is a critical development that may influence market sentiment as investors gauge its implications for regional stability and potential responses from major powers.
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