Israel's army identified missiles launched from Iran and defence systems were activated to counter threat

Israel's army identified missiles launched from Iran and defence systems were activated to counter threat.

The identification of missiles launched from Iran signals a potential escalation in regional tensions, which could have immediate implications for market stability. Traders should be on alert for increased activity in safe-haven assets like gold and the JPY, while energy markets, particularly WTI, may also react due to concerns over supply disruptions. Overall, this development might drive shifts in risk sentiment across currencies, especially the USD and EUR.