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FX option expiries for 19 April 10am New York cut
There are a couple to take note of, as highlighted in bold.The first ones are for EUR/USD at 1.0640-45 with about €1.9 billion in expiries lined up. It's not a technically significant region but the expiries could look to hold off any upside price action before...
Germany March PPI +0.2% vs +0.1% m/m expected
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UK March retail sales 0.0% vs +0.3% m/m expected
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UK retail sales on the agenda in the session ahead
In any case, the focus at the moment is more on the broader market mood. Risk sentiment was rocked earlier by news of Israel striking Iran. But we're seeing those fears fade slightly after Iran played that all down and doesn't seem interested to retaliate.Still, this...
Report says early assessment is that Iran will not be retaliating against Israel tonight
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Iran media denies reports of a foreign attack on Iranian cities, including Isfahan
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The final stretch of the week looks to be a nervy one
Just when you thought markets would begin putting this episode behind, the barrage of headlines just had to hit right on a Friday. It is reported that Israel made multiple strikes earlier here but Iran has been playing that down in response. It's shaping up to be a...
Forexlive Asia-pacific FX news wrap: Israel strikes inside Iran
Markets:Gold up $12 to $2390US 10-year yields down 8.8 bps to 4.56%Nikkei down 2.3%CHF leads, AUD lagsS&P 500 futures down 43 pointsIt was a dreadfully quiet Asia-Pacific session until about 10 am in Tokyo when reports started to surface of explosions in the...
Looks like Iran wants to pretend the whole thing never happened
There are some early -- but clear -- signs that Iran (or at least some parts of Iran) don't want to escalate this fight further. Given the murmurs out of Israel, they can't be shocked at another strike. That said, the strike appears to be limited to one military site...
Iran says there have been no airstrikes, only shot-down quadcopters
It looks like Iranian officials don't want to beat the war drums any harder.One on the wires: "There's been no airstrike in Isfahan or other parts of the country. They only made a failed and humiliating attempt to fly quadcopters, and they were all shot down."Other...
Iran may be trying to downplay Israel’s attack
I don't know about quality of this translation and I'm sure Iran doesn't have a space agency but it looks like Iran is going to try to take the win here.That said, a separate (unconfirmed) report is out there with some tough words from the IRGC about nuclear sites....
Now we know why markets plumeted mid-day
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Now we wait for the response to the response
Watching this unfold in real time, I've been amazed at how slowly this has all be disseminated. These tweets from two of the biggest news services are literally an hour after we first started reporting on this attack.I think the slow reporting has something to do with...
Risk assets leg further down on confirmation of strikes in Iran
To be honest, I'm a bit surprised at the second-leg down in risk assets after headlines from ABC crossed the wires with a US official confirming the attacks. Here's another US official who always likes to share what he knows from classified briefings. I think he's...
S&P 500 futures fall 60 points on Middle East war fears after explosions
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Yen, Swiss franc, oil and gold jump on Middle East war fears
Well, there were a few days there where it looked like everyone would settle down and no one else would get killed.I guess we were all naive. Israel appears to be striking Iran and at this point, the best we can hope for is that the damage is minimal and casualties...
Isreal appears to be retaliating against Iran, striking possibly three targets
Reports are coming in:The first is that there was a radar battalion hit in Syria near the city of Izraa.The second is that there are 'explosions' near the city of Isfahan in central Iran. It's a major city of 2.2 million.Finally, there is now talk of intense warplane...
The risk mood isn’t great in Asia
What happened?The market party has been raging all year and suddenly everyone has a hangover. The S&P 500 has fallen four days in a row and today the Nikkei is down 2%.The pain is starting to bleed over to FX as well with AUD/USD on the backfoot in early...
Nikkei gives back all of yesterday’s gains in a 1.3% opening decline
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