US interests and facilities were targeted by airstrikes in Kuwait, according to Fars
The reported airstrikes targeting US interests in Kuwait suggest rising tensions in the region, which could lead to increased geopolitical risk.
Japanese Household Spending MoM (Feb) M/M 1.5% vs. Exp. 2.6% (Prev. -2.5%)
PRE-MARKET AUSTRALIAN, JAPANESE & SOUTH KOREAN STOCKS NEWS: Samsung Electronics prelim. Q1 earnings topped forecast with an eight-fold increase in oper. profit
US interests and facilities were targeted by airstrikes in Kuwait, according to Fars
Drone strike reportedly hit US Victoria base in Baghdad, according to Iraqi sources cited by Fars
Australian S&P Global Services PMI Final (Mar) 46.3 vs. Exp. 46.6 (Prev. 52.8)
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Investors might be concerned about potential military escalation and its implications for oil prices, risk assets, and safe havens like gold. Watch for market reactions across commodities and equities as the situation develops.
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