[MARKET UPDATE] Increasing volume of headlines surrounding the social unrest in Iran; Follows President Trump's recent hostile warning to Iran's regime if it fires on protestors, suggesting the US is "locked, loaded and ready to go"

The escalating tensions in Iran, particularly following President Trump's stern warning to the Iranian regime, amplify the geopolitical risk in the region.

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[MARKET UPDATE] Increasing volume of headlines surrounding the social unrest in Iran; Follows President Trump's recent hostile warning to Iran's regime if it fires on protestors, suggesting the US is "locked, loaded and ready to go"

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US Redbook YoY (Jan/03) Y/Y 7.1% (Prev. 7.6%)

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  • Note, crude prices have also been gaining in recent trade, albeit the reason remains unclear.
Context

This unrest could negatively impact oil supply, thereby supporting higher crude prices and potentially strengthening safe-haven assets like gold. Watch for volatility in currency pairs involving the USD, EUR, and JPY, as traders reposition ahead of further developments.

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