WSJ citing American officials: Israel has established a secret military site in the Iraqi desert to support its air campaign against Iran.

Reports indicate that Israel has set up a covert military installation in the Iraqi desert to bolster its air operations targeting Iran. This development could heighten geopolitical tensions in the Middle East, impacting risk appetite among investors and potentially leading to increased volatility in regional assets. Markets most exposed include Israeli and Iranian equities, as well as oil prices, which may react to fears of supply disruptions stemming from escalating military actions. Traders will closely watch for any official statements or military actions from either country that could further escalate the situation.

HIGH-impact news is typically a market-moving event with multi-pip or multi-percent intraday reactions. Examples include central bank rate decisions, major CPI/NFP releases, geopolitical shocks, mega-cap earnings beats/misses, and regulatory announcements. Traders typically position-reduce or hedge ahead of scheduled HIGH-impact events, and follow the wire in real time to react to unscheduled ones (war headlines, central-bank emergency statements, surprise corporate actions). The Trading News Terminal squawk box reads every HIGH-impact headline aloud the moment it hits the wire — so active traders don't have to stare at the feed.

Active traders typically follow a three-step workflow when a market-moving headline hits the wire: (1) read the headline on the terminal or hear it on the squawk box; (2) assess whether the news is already priced in (by checking intraday price action in the seconds before) or whether it's genuinely new information; (3) act — either entering a breakout position, fading an overreaction, or tightening stops on existing trades. Trading News Terminal's Pro plan delivers wire-grade headlines within seconds of the source, with automatic audio squawk on every HIGH-impact event, so the read-assess-act cycle never waits on a refresh button.