The geopolitical tensions between Israel and Iran intensified over the weekend, as Iran launched drones toward Israel late Saturday, the Israeli military announced/ Citing the Islamic Revolutionary Guard Corps, Iran’s state-run media reported that dozens of drones had been fired in retaliation to the suspected Israeli attack on Iran’s consulate in...
The geopolitical tensions between Israel and Iran intensified over the weekend, as Iran launched drones toward Israel late Saturday, the Israel i military announced. Citing the Islamic Revolutionary Guard Corps, Iran ’s state-run media reported that dozens of drones had been fired in retaliation to the suspected Israel i attack on Iran ’s consulate in Damascus on 1 April.
Market reaction In the opening trades on Monday, traders seem to look through the anticipated escalation in the Middle East, as a threat of an imminent Iranian attack on Israel loomed in the past week. FX majors are seeing a limited reaction to the widening Middle East geopolitical tensions while the S&P 500 futures, a key risk barometer, post moderate gains in early Asia. However, Goldprice attracts fresh haven demand, rising near 0.50% to nearly $2,370.
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