Is fire high if Trump says it? – Danske Bank

The East has returned from the edge, or not? The situation has been fluid since Israel launched its attack against Israel on June 13. Iran immediately responded by throwing a brainstorm over Israel. Israel managed to reach aerial superiority in a surprisingly fast way and, from there, he could hit Tehran with profitable aerial bombardments, while Iran was forced to exhaust his valuable missile arsenal, FX analysts of Danske Bank report.

The climbing in the Middle East diverts attention from the Russian-Ukrainian conflict

“For a few days, it really seemed that the conflict could get out of control, since on June 22, the US joined Israel and attacked the Iranian nuclear sites, including the strongly fortified complex of Fordo. However, Iran’s response to the US attack turned out to be much softer than feared. On June 23, the largest American base in the region, to Catar. But since the attack was noticeable and there were no casualties, USA correctly interpreted Iran’s movement as a decalmine, and President Trump soon announced a high fire that would also involve Israel.

“So, from a situation in which everyone feared that Iran could close the Ormuz Strait, to a situation in which a fragile truce prevails. As Israel has already accused Iran of violating the high fire, we are not yet complete If that is the case, your work is not over yet.

“Apart from the Middle East, we also discuss the commercial tensions between the EU and China that seem to be increasing again. Tensions are also increasing in the South China Sea. There is no progress in peace conversations in Ukraine and we have updated our scenarios accordingly to reflect a greater probability that the war will last. The more the situation is climbed in the near east, the more the attention is deviated. Ukraine. “

Source: Fx Street

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