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Middle East crisis live: Houthis warn passengers against using Saudi airport after deadly attack on Riyadh

military_conflictMiddle EastThe Guardian11 Oct, 10:00 UTC

Context

US president Donald Trump says he is weighing whether the US will join Saudi strikes against the Iran-backed Houthis An American citizen was among the 12 killed in the airport attack yesterday. For weeks now there’s been speculation over whether the US will join Saudi Arabia in carrying out air strikes against the Iran-backed Houthis in Yemen. When fighting recommenced last month with the Houthis, Saudi Crown ​Prince Mohammed bin Salman had reportedly called Donald Trump requested military assistance. But the US president committed only military intelligence and targeting help rather than send war planes. On Saturday, following the deadly airport attack, Trump was asked by reporters if the US would take a more active position and join in the Saudi strikes. “We may. We’re going to look at it. We just found out about the recent attack, so we’ll make a decision. We move very quickly,” he said. Continue reading...

What it means

Causal chain

No clear market signal

How to read a signal
Severity
the event's market impact, 1–5
Direction
↑ / ↓ likely price move for the asset
Exp. move
the size of the abnormal move we'd expect if the call plays out — not a claim a move will happen:
Ssmall<1%
Mmoderate1–5%
Llarge>5%
Most flagged events don't move beyond noise; those count against us (see the track record).
Timeframe
the window we measure over:
1dshort
5dmedium
21dlong
Conviction
how well-established the directional call is (textbook → speculative) — not a guaranteed outcome:
low
average
strong

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Not investment advice · for informational purposes only. Generated 11 Oct, 10:13 UTC