Daily Market Report
➢ The US launched airstrikes on three Iranian nuclear sites (Fordo, Natanz, and Isfahan),
escalating the Iran-Israel conflict and increasing Middle East tensions.
➢ Iran’s Foreign Minister Araghchi condemned the strikes as outrageous and warned of
everlasting consequences, vowing retaliation against both the US and Israel.
➢ President Trump responded with a stern warning that any Iranian retaliation would be met
with overwhelming force, framing the situation as a choice between peace or tragedy.
➢ Rising geopolitical tensions are boosting safe-haven demand, although the US Dollar’s
strength is capping upside potential for Gold (XAU/USD).
➢ The Federal Reserve projected two rate cuts in 2025, but only one 25-basis-point cut in
each of 2026 and 2027, amid concerns about tariff-driven inflation.
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