IRAN HALTS OFFENSIVE OPERATIONS AMID TENSIONS
Iranโs joint military command said it is halting offensive operations following recent exchanges of fire with Israel, marking the first escalation since a U.S.-brokered ceasefire two months ago. It warned that any further Israeli or allied โaggression,โ including in southern Lebanon, would trigger โmuch more severe and crushingโ retaliation.
US forces hit Iranian coastal radar sites in Goruk and Geshm Island to deter further strikes after Iran deployed four one-way attack drones: US Central Command
STRONG US JOBS DATA LIFTS FED HIKE ODDS
Rate futures now price a 63% chance of a December Fed hike, up from 48% pre-data. Kalshi traders also see a 64% chance of a Fed hike before July 2027, with probabilities trending higher. Markets now price a more resilient economy and fewer near-term cuts.
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