Moscow Mayor reports overnight drone incidents, while TASS estimates that the attempted drone attack on Moscow is one of the largest in several years

The reports of overnight drone incidents in Moscow, described by the Mayor and TASS as potentially one of the largest attempts in recent years, signal a significant escalation in regional tensions. This could lead to a shift in market sentiment towards risk aversion, particularly affecting safe-haven assets like gold and the yen, as traders reassess geopolitical risks and their implications for stability in the region.