Reports have emerged that President Trump said an attack on Iran could come as early as Sunday, while information has also circulated that Iran denied a proposal to reopen the Strait of Hormuz. Investors are advised to watch for higher crude oil prices, lower stock prices and a stronger yen in Monday's Tokyo market, and a projected range for the Nikkei Average has also been provided.
Reports say that US President Trump stated that an attack on Iran could take place as early as Sunday, while also referring to the possibility of a “major agreement.”
While a US newspaper reported that an aircraft carrier was being rearmed, Iran was reported to have denied a proposal to reopen the Strait of Hormuz.
In Monday's Tokyo market, some market participants are warning of higher crude oil prices, lower stock prices and a stronger yen. Projected ranges of ¥60,800–¥63,400 for the Nikkei Average and ¥155.20–¥157.50 for USD/JPY have been cited.
The full feature is described as explaining 3 scenarios and how professionals can prepare.