FREELAND: CANADA WON'T ESCALATE OR BACK DOWN ON US TRADE FIGHT

MNI: PBOC To Aim To Drive Inflation Higher- Advisors

MNI: China To Issue More Bonds As Stimulus Targets Consumption

MNI: PBOC To Aim To Drive Inflation Higher- Advisors

MNI: China To Issue More Bonds As Stimulus Targets Consumption

MNI BRIEF: China Nov M1 Decline Narrows, M2 Slows

EZ/UK T-Bill Calendar: 8/13/28/50-Week BTF Auction on Monday

EZ/UK Bond Supply Calendar: 4.125% Jul-29 Gilt Due on Tuesday

MNI: CANADA OCT WHOLESALE SALES +3.3%; EX-AUTOS +0.5%

MNI EXCLUSIVE: EU-Mercosur Deal Close, But Likely Short-Lived - Officials

AUSTRALIA: 2025 Election Outcome Looking More Uncertain According To Newspoll

© 1982-2024 MNI. All rights reserved.
Terms | Privacy
Log Out
Free Trial

Risk Off Moves Accelerate On Unconfirmed Reports Of Explosions In Iran

CROSS ASSET

Risk off moves have accelerated in recent dealings. US equity futures are off around 0.80% to 0.90%, while oil prices are spiking higher.

  • Unconfirmed reports of explosions in Iran is weighing on sentiment. "Unconfirmed Reports now of Explosions near the City of Isfahan in Central Iran, which is Home to one of Iran’s Major Nuclear Facilities. - Twitter.
  • BBG notes other unverified media reports of explosion also in Syria and Iraq.
  • Brent crude is above $88.50/bbl, around +1.6% firmer for the session. US Tsy futures are rallying on a safe haven bid, the 10yr to 108-08, but has moderated somewhat in recent dealings.
  • In the FX space, yen is outperforming, with USD/JPY back to 154.40/45, while AUD/USD is under 0.6400, off 0.45%. NZD/USD is down 0.40% to 0.5880.
EM BulletHomepageCommoditiesEquitiesEmerging Market NewsBulletMarketsFixed Income BulletsForeign Exchange Bullets
EM BulletHomepageCommoditiesEquitiesEmerging Market NewsBulletMarketsFixed Income BulletsForeign Exchange Bullets

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.