US President Trump is still pressing aides for "decisive" military options on Iran, WSJ reports citing officials

The continued push by President Trump for decisive military options against Iran suggests rising geopolitical tensions, which often elevate risk premiums across markets.

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[MARKET UPDATE] Spot XAU extends to a new ATH of USD 4780/oz following the WSJ report that Trump continues to press aides for decisive action on Iran

US President Trump is still pressing aides for "decisive" military options on Iran, WSJ reports citing officials

Australian Westpac Leading Index MoM (Dec) M/M 0.1% (Prev. 0%)

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This could lead to a firming in crude oil prices as supply fears mount, while safe-haven assets like gold and the Japanese yen may also see increased demand. Overall, watch for volatility in currencies and equities as markets react to any developments in this situation.

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