Russian Ambassador Zinoviev says US-South Korea drills are not positive for the Korean Peninsula
The remarks from the Russian Ambassador suggest heightened tensions regarding US-South Korea military drills, which could lead to increased regional instability.
Iranian media says report of a strike on Iraq's aluminium facility in central Iran is false
US Qasrak military base in Syria was attacked, according to ILNA
Russian Ambassador Zinoviev says US-South Korea drills are not positive for the Korean Peninsula
[MARKET UPDATE] US equity futures gain at the reopening and WTI crude futures are pressured amid some hopes for an extension after the proposal by Pakistan for a two-week extension, while Trump was said to consider the request
Fed Vice Chair Jefferson (voter) says sees downside risks to employment and upside risks to inflation, while he is cautious on the economic outlook and notes uncertainty is elevated
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This dynamic may impact risk sentiment broadly, potentially supporting safe-haven assets like gold and the yen, while pressuring currencies linked to riskier assets such as the USD. Traders should monitor how prolonged geopolitical stress influences commodity prices and the forex market.
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