To be honest, I’m a little surprised by the second drop in risk assets after ABC headlines came out with a US official confirming the attacks.
Here’s another U.S. official who always likes to share what he knows in classified briefings. I think he pretty much tells us what happened.
This line of attack probably also explains the report that the radar station was destroyed.
Gold is at an all-time high and the yen is up 60 pips.
I tend to tone it down because I think Iran will let it go. Of course, everyone wants to know about the damage and potential victims first. But if it’s three strikes on one site, I don’t know if that will be enough for Iran to start launching more missiles.
cnbctv18-forexlive
