Israel's Home Front says early warning of a new Iranian missile attack, Al Jazeera reports

Israel's Home Front says early warning of a new Iranian missile attack, Al Jazeera reports.

The report of a potential Iranian missile attack is a significant escalation that could increase tensions in the region, impacting risk sentiment across markets. This could lead to a flight to safety, potentially boosting the USD and safe-haven assets like gold, while also creating volatility in energy prices given the geopolitical implications for oil supply stability. Traders should monitor these developments closely, as they can significantly influence market dynamics and asset correlations in the short term.