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UK's Strategic Move: Britain Signals Possible Support for Israel Amid Iran Conflict

The United Kingdom has hinted at potential support for Israel in its ongoing conflict with Iran, though officials emphasize that recent military deployments are primarily precautionary. British Chancellor of the Exchequer Rachel Reeves stated on Sunday that additional military jets were sent to the Middle East to protect British bases and personnel. The escalation between Israel and Iran saw fresh attacks overnight, with Israeli Prime Minister Benjamin Netanyahu warning that Iran would face intensified strikes in the coming days. Speaking to Sky News, Reeves called for de-escalation but acknowledged that Britain has previously assisted Israel in defending against missile attacks. "We have, in the past, supported Israel when there have been missiles coming in," she said, adding that the UK is deploying assets both for its own protection and potentially to support allies. Britain has played a role in defending Israel before. Last year, British aircraft intercepted Iranian drone...
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Market Caution: U.S. Stock Futures Dip Ahead of Fed Commentary

U.S. stock futures edged lower on Tuesday morning as investors awaited key commentary from Federal Reserve officials. The market is closely watching for insights into the central bank’s policy stance, particularly in light of the recent downgrade of the U.S. sovereign credit rating.

At least seven Fed officials, including St. Louis Fed President Alberto Musalem, are expected to speak throughout the day. Analysts anticipate a divide between hawkish officials supporting a cautious approach and dovish voices emphasizing recent soft inflation data and ongoing trade uncertainties.

Traders currently expect at least two 25-basis-point rate cuts by the end of the year, with the first anticipated in September. Meanwhile, major stock indices showed slight declines in premarket trading, with the Dow E-minis down 0.15%, the S&P 500 E-minis falling 0.33%, and the Nasdaq 100 E-minis dropping 0.45%.

The market remains sensitive to concerns about ballooning U.S. debt, particularly following Moody’s downgrade of the country’s credit rating due to its $36-trillion outstanding debt. Investors will be looking for reassurance from Fed officials as they navigate these uncertain economic conditions.

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