Yemeni Armed Forces says an announcement of an important position to be released at 3pm Sana'a time (13:00BST)

The looming announcement from the Yemeni Armed Forces could signal a significant development in the ongoing conflict, potentially affecting regional stability and geopolitical dynamics. Market participants should stay alert for implications on risk assets, particularly in oil and regional currencies, as any escalatory measures could prompt volatility in these sectors. Overall, this development may add a layer of uncertainty during the EU session, warranting careful attention from traders.