senior White House official confirms that Iran is at the point of preparing to deliver ballistic missile attack on Israel the US will actively support to defend Israel troops of course from Israel targeted ground raids into Southern Lebanon this is a significant escalation if it comes to pass the immediate Market reaction is into Haven’s 10e government bond yields drop quite aggressively on this news D nearly eight basis points 370 is where she trades to the oil Market one could say a 2.6% rise in the price of Brent and a near 3% rise in the price of WTI is not exactly major escalation risk but it is a significant Spike higher equities in the United States of America are lower the NASDAQ is down by over 1% we stand back from the fifth month in a row of rally the best start the best nine months for US Stocks since 1997 as Boeing May raise capital and CVS might break up