A US-Iran war that shows up on the US mainland changes the game completely. And its ramifications for oil, gold, and the US dollar could be massive.
That is the scenario traders now have to consider after Reuters reported that the FBI warned California police departments that Iran could attempt a drone attack aimed at unspecified targets in California.
A refinery hit could be straightforwardly bullish for oil, while a military or symbolic target could be more decisively supportive for gold.
Ports are another likely focus. California hosts two of the most strategically important in the country. Trade-sensitive equities, and broader risk assets become more relevant in this scenario.
Gold has been swinging with the conflict already, sometimes benefiting from the uncertainty of it all, and sometimes giving back gains when the U.S. dollar strengthens on safe haven demand.
That is the scenario traders now have to consider after Reuters reported that the FBI warned California police departments that Iran could attempt a drone attack aimed at unspecified targets in California.
A refinery hit could be straightforwardly bullish for oil, while a military or symbolic target could be more decisively supportive for gold.
Ports are another likely focus. California hosts two of the most strategically important in the country. Trade-sensitive equities, and broader risk assets become more relevant in this scenario.
Gold has been swinging with the conflict already, sometimes benefiting from the uncertainty of it all, and sometimes giving back gains when the U.S. dollar strengthens on safe haven demand.
Free TradingView Premium:
blackbull.com/en/platforms/tradingview/?utm_source=tradingview
Investing in complex securities involves risk. You may lose some or all of your invested capital.
blackbull.com/en/platforms/tradingview/?utm_source=tradingview
Investing in complex securities involves risk. You may lose some or all of your invested capital.
Haftungsausschluss
Die Informationen und Veröffentlichungen sind nicht als Finanz-, Anlage-, Handels- oder andere Arten von Ratschlägen oder Empfehlungen gedacht, die von TradingView bereitgestellt oder gebilligt werden, und stellen diese nicht dar. Lesen Sie mehr in den Nutzungsbedingungen.
Free TradingView Premium:
blackbull.com/en/platforms/tradingview/?utm_source=tradingview
Investing in complex securities involves risk. You may lose some or all of your invested capital.
blackbull.com/en/platforms/tradingview/?utm_source=tradingview
Investing in complex securities involves risk. You may lose some or all of your invested capital.
Haftungsausschluss
Die Informationen und Veröffentlichungen sind nicht als Finanz-, Anlage-, Handels- oder andere Arten von Ratschlägen oder Empfehlungen gedacht, die von TradingView bereitgestellt oder gebilligt werden, und stellen diese nicht dar. Lesen Sie mehr in den Nutzungsbedingungen.