US official says US President Trump to give operational update on Iran update tonight; to tout sucess in achiving goals in Iran; to reiterate 2-3 week timeline for leaving Iran
The announcement of President Trump's operational update on Iran is likely to create volatility in related assets, particularly in the energy sector and Forex markets.
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US official says US President Trump to give operational update on Iran update tonight; to tout sucess in achiving goals in Iran; to reiterate 2-3 week timeline for leaving Iran
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US President Trump spoke on the phone on Wednesday with Saudi Crown Prince MBS, discussed the war with Iran and briefed him on the talks over a possible ceasefire, according to Axios citing souces
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If he emphasizes success in achieving U.S. goals and reiterates a timeline for withdrawal, this could bolster risk sentiment but might also influence the USD due to shifts in geopolitical risk perceptions. Traders should monitor reactions in oil and haven assets, as well as any potential impacts on U.S. equities overall.
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