Geopolitical Fear Often Fades Fast

From pepperstone.com

Geopolitical concerns have shot back to the forefront of participants’ minds overnight, after a significant ratcheting up of tensions in the Middle East overnight. This comes after a ‘pre-emptive’ Israeli strike on Iran, the culmination of days of reporting indicating that such an attack could be likely, with said attack targeting many targets, including some of Iran’s nuclear infrastructure, and having killed the IRGC Chief Salami. Unsurprisingly, Iran have vowed to responds “harshly” against both the US and Israel, though have also confirmed that there is – at the time of writing – no damage to ... (full story)