Loud explosion heard in Afghanistan's capital of Kabul and Pakistani fighter jets are reportedly conducting a raid on Kabul

The explosion in Kabul and the reported Pakistani air raid indicate a significant escalation in regional tensions, potentially impacting stability in Afghanistan. Such developments could heighten risk aversion in financial markets, driving interests towards safe-haven assets like gold and the US dollar. Traders should stay alert for further updates, as this situation could lead to broader market implications depending on the duration and scale of the conflict.