- Analytics
- News and Tools
- Market News
- US-Iran tensions amongst market movers today - Danske Bank
US-Iran tensions amongst market movers today - Danske Bank
Danske Bank analysts suggest that focus today will be on the market reaction to the US killing of a leading Iranian commander, which has sent oil prices higher.
"In an airstrike at Bagdad airport in Iraq, the US took out the Iranian head of the elite Quds force and spearhead of Iran's rising military influence in the Middle East. The price of Brent oil has jumped USD2.5, as the attack could risk escalating the US-Iran conflict and proxy war activities in Iraq. On the data front, the US ISM manufacturing index for December will be today's highlight. The ISM index has fallen to lower levels than other US surveys and has not yet shown the signs of a recovery that we see in business surveys globally. Hence, we see some upside risk to today's number where consensus looks for a rise from 48.1 to 49.9. Tonight, the minutes from the December FOMC meeting will be released. At the meeting, the Fed sent a signal of being firmly on hold with 13 out of 17 members expecting no rate changes in 2020 while three members projected one hike."
© 2000-2024. All rights reserved.
This site is managed by Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).
The information on this website is for informational purposes only and does not constitute any investment advice.
The company does not serve or provide services to customers who are residents of the US, Canada, Iran, The Democratic People's Republic of Korea, Yemen and FATF blacklisted countries.
Making transactions on financial markets with marginal financial instruments opens up wide possibilities and allows investors who are willing to take risks to earn high profits, carrying a potentially high risk of losses at the same time. Therefore you should responsibly approach the issue of choosing the appropriate investment strategy, taking the available resources into account, before starting trading.
Use of the information: full or partial use of materials from this website must always be referenced to TeleTrade as the source of information. Use of the materials on the Internet must be accompanied by a hyperlink to teletrade.org. Automatic import of materials and information from this website is prohibited.
Please contact our PR department if you have any questions or need assistance at pr@teletrade.global.
Bank transfers
