The strike against Iranian Quds Force commander Qassem Soleimani that was reported in around 8:45 EST Thursday night in the USA will likely trigger a variety of effects on the securities markets, both here and abroad, in the coming weeks. It will also affect precious metals and currencies. Banks, airlines, and the hospitality sector are already seeing effects.
In our last jobs report, for November, we warned:
The flashpoint the Straits of Hormuz that we have been expecting for some time, since the Joint Comprehensive Plan of Action (JCPOA) was abandoned, has not