Senior US official confirms the US Embassy in Saudi Arabia was hit in an attack, apparently by a drone, according to N12
The confirmation of an attack on the US Embassy in Saudi Arabia represents a significant escalation in regional tensions, particularly given the country's critical role in global energy supplies.
Korea (Republic of) S&P Global Manufacturing PMI (Feb) 51.1 (Prev. 51.2)
PBoC is expected to set USD/CNY mid-point at 6.8816 (prev. 6.9236)
Senior US official confirms the US Embassy in Saudi Arabia was hit in an attack, apparently by a drone, according to N12
[MARKET UPDATE] Asia-Pac stocks begin lower with risk appetite weighed down by geopolitics as the Iran conflict enters its fourth day, and with US President Trump warning of larger strikes
UK BRC Shop Price Inflation (Feb) 1.1% vs. Exp. 1.2% (Prev. 1.5%)
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This could lead to heightened risk aversion in the markets and immediate implications for oil prices, especially WTI, as investors weigh the potential for supply disruptions. Watch for further developments as they could influence broader sentiment across commodities and risk assets.
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