[MARKET UPDATE] Modest delayed reaction across markets as further outlets run the CBS reporting of US President Trump saying the war is two weeks ahead of schedule

The delayed market reaction indicates that traders are digesting President Trump's assertion about the war being two weeks ahead of schedule.

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Canadian GDP MoM (Jan) M/M 0.1 vs. Exp. 0 (Prev. 0.2, Low. -0.1, High. 0)

Canadian GDP MoM Prel (Feb) M/M 0.2 vs. Exp. 0.1 (Prev. 0.0)

[MARKET UPDATE] Modest delayed reaction across markets as further outlets run the CBS reporting of US President Trump saying the war is two weeks ahead of schedule

US War Secretary Hegseth says many more vessels flowing through Strait of Hormuz than before, and calls Iran to open for business, or the US has options

In a phone call between the Iranian and Turkish Foreign Ministers, Foreign Minister Aragchi called the reports about the launch of missiles from Iran towards Turkey completely baseless, and warned against the repetition of false flag operations

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This kind of news can shift sentiment, impacting risk assets and safe havens, suggesting potential for heightened volatility as the implications of this statement unfold. Monitor how currencies and commodities react, particularly those correlated with geopolitical tensions.

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