Israel's military says sirens sound in areas of Kfar Aza and Sa'ad

The sirens in Kfar Aza and Sa'ad signal a potential escalation in tensions, which can disrupt market sentiment, particularly in commodities and energy markets.

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At least three explosions were heard in the city of Jask in the Hormozgan province in southern Iran

[MARKET UPDATE] Mixed start to Asia-Pac trade after US-Iran escalation and with Japan closed for holiday, while KOSPI is pressured on return from a 3-day weekend

Israel's military says sirens sound in areas of Kfar Aza and Sa'ad

Explosions reported in Sirik and Khormoj, southern Iran, while a new wave of missiles were launched from Lorestan province in western Iran, towards enemy targets

UKMTO says it has received a report of the incident eight nautical miles northwest of Oman's Khumsar, with a vessel on fire, but the cause not verified yet

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Traders should watch for volatility in the USD and safe havens like gold, as uncertainty surrounding geopolitical events often drives investors towards more stable assets. It may also have implications for broader risk sentiment during the Asian session.

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