Turkish President Erdogan says their main goal is to keep Turkey out of the conflict
President Erdogan’s comments indicate a strategic intent to maintain Turkey’s neutrality amid rising tensions, which may help stabilize regional markets for now.
CNB's Seidler says discussion about possible rate hike is very premature
US sells 3-month bills at a high rate of 3.605%, B/C 2.92x; Sells 6-month bills at a high rate of 3.535%, B/C 3.09x
Turkish President Erdogan says their main goal is to keep Turkey out of the conflict
Mexico's Deputy Trade Minister says main USMCA issue are rules of origin and supply chains; could cut fuel tax to offset higher global fuel prices
A top official says Iran is ready for a long war with the US and only economic pain will end it; Iran's Kharazi rules out diplomacy, according to CNN
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- Necessary warnings have been issued to Iran.
- Additional measures will follow deployment of F-16 jets in northern Cyprus.
However, the reference to deploying F-16 jets suggests a possibility of increased military readiness, potentially raising geopolitical risk, especially regarding relations with Iran. Traders should monitor how this could impact commodities like oil and regional currencies in reaction to any escalations.
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