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.
Conflicting messages for the markets to contend with this morning. The threat of a “ground component” from Israel’s Benjamin Netanyahu has to be considered alongside a U.S. plan to ease sanctions on Iranian oil — all major factors playing into early trade. In Europe, leaders burn the midnight oil but offer little more than rhetoric on their stance to the widening conflict. The week looks set to end in the red for stocks across the globe — but with all these developments — Friday’s session could be a volatile one.
Israeli Prime Minister Benjamin Netanyahu said on Thursday that “Iran is being decimated” as the U.S. and Israel target its ballistic missile and nuclear programs from the air — but he added that meaningful regime change will require a “ground component.”
“You don’t want to replace one ayatollah with another,” Netanyahu said at a press conference. “You don’t want to replace Hitler with Hitler.”
