Israel's Ben Gurion airport halts all operations amid Iranian missile barrage, according to Press TV
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Israel's Ben Gurion airport halts all operations amid Iranian missile barrage, according to Press TV
PBoC is expected to set USD/CNY mid-point at 6.9108 (prev. 6.8911)
Explosions were heard in Isfahan, central Iran, according to Al Hadath citing sources
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Context
Israel's Ben Gurion Airport halting operations due to an Iranian missile barrage signals a significant escalation in tensions, likely spooking markets and affecting risk sentiment. The immediate implications may lead to a flight to safe-haven assets and volatility in USD as investors reassess geopolitical risks in the region, particularly in terms of energy supply and prices. Watch for potential disruptions in regional trade and implications for oil markets, as heightened geopolitical risks can impact commodity pricing.
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