Several US officials described President Trump as the most bullish person in the White House on going to war with Iran, Axios reports
This headline highlights President Trump's aggressive stance towards Iran, suggesting a possible escalation in military engagement.
[MARKET ANALYSIS] European equities gain, Banks benefiting from lower yields and a delay in capital requirements; US equity futures follow peers ahead of FOMC
[MARKET ANALYSIS] Crude continues to dictate macro sentiment; Gold rotates around USD 5,000/oz
Several US officials described President Trump as the most bullish person in the White House on going to war with Iran, Axios reports
BASF (BAS GY) is increasing prices on all products in its Home Care, Industrial & Institutional Cleaning (I&I) and Industrial Formulators portfolio in Europe by up to 30%, effective immediately where possible.
Iranian Foreign Minister has ruled out a ceasefire
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- Three advisors to POTUS believe that Trump would want to end major operations before Israeli Prime Minister Netanyahu. However, the article notes that the leaders appear closer than ever.
- Senior U.S. officials say that while Trump would view regime change as a bonus, he intends to end the war when his core military objectives — decimating Iran's missile program, nuclear program, navy and proxy funding — are met.
Given the implications for regional stability, we should anticipate volatility in oil prices and associated currencies, particularly the USD, JPY, and GBP. Traders should consider how this geopolitical tension may affect broader market sentiment and asset flows.
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