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.
[CALENDAR ADDITION] Monetary Authority of Singapore will issue monetary policy statement on July 27th
[MARKET ANALYSIS] DXY is flat amid quiet newsflow for the US outside of geopolitics and with the Fed in a blackout period
Moscow Mayor reports overnight drone incidents, while TASS estimates that the attempted drone attack on Moscow is one of the largest in several years
[MARKET ANALYSIS] T-note futures are subdued amid higher oil prices and closure of overnight cash treasuries trade
[MARKET ANALYSIS] Brent crude reclaimed USD 90/bbl after US and Iran ramped up exchange of strikes
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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.
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