Iran extend strikes to Qatar and the UAE for the first time in months, plus Jordan, Kuwait and Oman
The Middle East situation worsens as both sides exchanged more missiles target in my more grounds. The scale of escalation seems to suggest a full blown military operation is not far away. It looks like a difficult situation for the U.S. unless they are willing to torch the ground as it will be extremely hard, if not impossible, to eliminate Iran’s capacity of disrupting Strait traffic.
AUD/USD is trading 0.34% lower with major equity indexes all lower.