US CENTCOM announces that the US has directed 38 ships to turn around or return to post since the start of the blockade
The announcement from US CENTCOM regarding the directive for 38 ships to turn around indicates a significant escalation in military measures, likely related to geopolitical tensions affecting regional trade routes.
PRE-MARKET TAIWANESE AND SINGAPOREAN STOCK NEWS: Foxconn signs MoU with Mitsubishi Electric, Keppel begins arbitration
PBoC is expected to set USD/CNY mid-point at 6.8282 (prev. 6.8674)
US CENTCOM announces that the US has directed 38 ships to turn around or return to post since the start of the blockade
[MARKET UPDATE] Asia-Pac bourses open mixed (ASX 200 -0.5%, Nikkei 225 +0.3%, KOSPI +1.2%); US equity futures trade with mild losses while the crude complex hovers near session highs; DXY at session lows, helping USD/JPY pull back from 159.60 peak
Israeli artillery shelling targets eastern Gaza City, Al Mayadeen reports
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This development could impact commodities like oil, with potential supply disruptions, and may lead to increased volatility in related financial markets, particularly for assets seen as safe havens.
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