Iranian Missile Attacks on Israel Intensify, Leaving Dozens Hurt

The intensification of Iranian missile attacks on Israel heightens geopolitical risks in the Middle East, potentially driving up oil prices due to supply concerns and increasing market volatility, which could negatively impact global stock indices and currencies. European markets, including Italian and German indices, may face short-term pressure from higher energy costs and risk-off sentiment, though much of this tension might already be priced in given the ongoing conflict. Investors should monitor for broader economic repercussions, such as inflation from rising commodities, but macro headwinds like slowing global growth could limit any sustained rally in safe-haven assets.