Several US officials described President Trump as the most bullish person in the White House on going to war with Iran, Axios reports
Newsquawk Staff ·
- 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.
What it means
This headline highlights President Trump's aggressive stance towards Iran, suggesting a possible escalation in military engagement. 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.
Sources
- Al-Mayadeen correspondent in Iran says Iranian officials believe that Trump wants to bring the nuclear issue into the negotiations, which Iran rejects
- Ukrainian President Zelensky says negotiations between Ukraine, Russia and the US could take place as early as November 10th
- US Midterms (6 days out): Florida flips to a Republican early-vote lead and Kansas narrows further; Crystal Ball shifts House and Senate races towards Democrats
- Israeli election results show Netanyahu's bloc with 53 seats, Eisenkot's bloc with 47 and Arab parties with 19, following the counting of all votes excluding double-envelope ballots, i24 reports
- Atomic Energy Organization of Iran Spokesman says protocol for building small reactors with Russia is being finalized
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