US President Trump says "We are about to hit them hard, the operation is progressing very well, the big wave hasn't happened yet and it will come soon", via Al Jazeera

US President Trump says "We are about to hit them hard, the operation is progressing very well, the big wave hasn't happened yet and it will come soon", via Al Jazeera.

Trump's aggressive remarks suggest imminent military action, which could heighten tensions in global markets. The implications for commodities, particularly oil and gold, are significant as escalation typically drives prices up, while the impact on equities may vary depending on perceived risks. Traders should watch for volatility across currencies, especially in safe havens like the JPY and gold, as markets react to potential conflict escalation.