NATO has increased alliance-wide ballistic missile defence posture; Allies support recommendation to keep posture at heightened level until threat from Iran subsides

NATO's decision to maintain a heightened ballistic missile defense posture suggests increased tensions regarding potential threats from Iran. This may lead to greater geopolitical risk perceptions, which could support haven assets like gold and the USD, while potentially exerting pressure on related sectors such as defense and energy. Traders should monitor for any further developments that could escalate or de-escalate the situation.