The jump higher in yen gave us the heads up that strikes were underway well before any news source did.
JGBs and yen tend to catch a bid at times of geopolitical stress.
Oil is higher also. Oil traders have long feared that escalation in the Middle East could impact supply and thus send prices higher.
Thats been the response in the oil market:
Although in the bigger picture oil is barely off its recent lows. Check out more charts at:
- our charting app, which is free and can be found at this link
