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Adviser to Iran’s Pres. Rouhani warns any US retaliation will lead to regional war

Amidst many responses coming in from both the US and Iran on Iran’s missile attacks on US airbases in Iraq earlier today, Hessameddin Ashena, adviser to Iranian President Hassan Rouhani, also tweeted out warning against any US response ahead.

Ashena tweeted: “Any adverse military action by the US will be met with an all out war across the region. The Saudis, however, could take a different path - they could have total peace!”

Meanwhile, both sides have called for de-escalation, with the Iranian Foreign Ministry Zarif, saying that Iran does not seek escalation or war.

  • US House Speaker Pelosi: America and world cannot afford a war
  • US Pres. Trump: Will make a statement tomorrow (Wednesday) morning on Iran

Risk recovery is underway on no damages confirmed by US President Trump from the Iranian attacks. USD/JPY extended the recovery towards 108.50 but failed near 108.45, now consolidating around 108.30. Gold trims gains below $ 1600 mark while WTI hovers around $63.50 after having reached multi-month highs above $ 65.50.

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NZD/USD pulls back from the day’s low of 0.6617 to 0.6646 by the press time of the pre-European session on Wednesday.
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Asian stocks recover losses as US avoids quick retaliation to Iran attacks

Asian equities pull back from the early-day losses as risk sentiment improves ahead of the European session on Wednesday.
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