Futures Suggests Wall Street To Open Lower

Iran continues attacks with drones and missiles while reports say the U.S. is weighing an invasion of Iranian islands; President Trump has extended a deadline on attacks. The situation materially increases geopolitical risk and is likely to spur risk-off flows, higher volatility, and upside pressure on oil and defense-related assets if escalation persists. Monitor headlines closely and consider defensive positioning and hedges for EM and energy exposure.

Analysis

Iran continues attacks with drones and missiles while reports say the U.S. is weighing an invasion of Iranian islands; President Trump has extended a deadline on attacks. The situation materially increases geopolitical risk and is likely to spur risk-off flows, higher volatility, and upside pressure on oil and defense-related assets if escalation persists. Monitor headlines closely and consider defensive positioning and hedges for EM and energy exposure.