US Secretary of War Hegseth is to hold a press conference at 08:00EST/13:00GMT

The upcoming press conference by US Secretary of War Hegseth could signal important developments in US military or defense policy, particularly given its timing and prominence.

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[MARKET ANALYSIS] T-note futures faded early gains as higher oil prices increase inflationary pressures

Japan's chief cabinet secretary Kihara says no immediate plan to release oil reserves

US Secretary of War Hegseth is to hold a press conference at 08:00EST/13:00GMT

[MARKET ANALYSIS] Oil surges and gold climbs following US and Israeli strikes on Iran, and the latter's retaliation

Israeli military says it struck a central Hezbollah member in Beirut

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Context

Traders should be alert to potential market reactions across various asset classes, especially in defense stocks or currencies linked to geopolitical stability. Keep an eye on how this may influence sentiment in broader markets as well.

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