Taken from CNBC’s Daily Open, our international markets newsletter — Subscribe today
Hello, this is Leonie Kidd writing to you from London. Welcome to another edition of CNBC’s Daily Open.
Iran’s retaliatory ‘revenge’ attacks show Tehran still has the firepower to hit back at Israel and U.S. assets in the region. It also underlines the international reluctance to join President Donald Trump in a full-scale war situation. Attention will shift to central banks on Wednesday, with the Federal Reserve decision later today — with markets pricing in a near-zero chance of a rate cut.
Iran unleashed a flurry of retaliatory attacks against U.S. assets in the Middle East and Israel on Wednesday, vowing ‘revenge’ for the killing of the country’s security chief Ali Larijani, as the weeks-long conflict shows no signs of abating.
Iran’s Islamic Revolutionary Guard Corps said Wednesday that its missiles have hit more than 100 military and security targets in the heart of Israeli territories, while Tehran also launched several explosive drones at the U.S. embassy in Baghdad.
