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In a dramatic escalation of tensions, Iran launched missiles targeting Tel Aviv, causing a ripple effect across global markets. Here's how the markets reacted:

🔹 Oil Prices Surge: Brent crude soared 4.6% to $75 per barrel. After weeks of stability, this spike comes amid ongoing conflicts in the Middle East and concerns over oil exports. The energy sentiment index also ticked up 1.3%, reflecting growing apprehensions.

🔹 Gold Hits New Heights: Gold futures skyrocketed 1.15% to $2,690.10, reaching record levels as investors flock to safe havens amid rising geopolitical tensions. When uncertainty looms, gold shines! ✨

🔹 Bitcoin Retreats: Bitcoin faced a setback, dropping 2.13% to $62,230. The missile strike halted its rally following last week's positive news from the US Federal Reserve. Is this a momentary blip, or a signal for cautious trading?

📉 European Markets Slip: The Stoxx 600 index fell 0.4% as growth risks overshadowed market sentiment. Investors are watching closely as geopolitical tensions escalate.

💱 Safe Haven Currencies in Focus: The Japanese Yen gained 0.1%, rising to 143.5, while the Swiss Franc remained resilient. Despite these gains, the Euro dropped 0.55% to 1.1075, and the Australian Dollar fell 0.32% to 0.6891. Strong US labor data provided some stability.

📢 As a senior White House official noted, the US is ramping up support for Israel amid these tensions. “A direct conflict between Iran and Israel is always a risk,” says Forex Live's Adam Button.

Stay informed and trade wisely! 🌐 #BTC #Oil #Gold #InvestSmartly #Binance $BTC