Central Bank Speeches to Set Tone Amidst Geopolitical Tensions

Today's markets are expected to remain volatile due to ongoing geopolitical tensions in the Middle East and Eastern Europe. The Russian Ministry of Defense reported attacks on Ukrainian ports and logistics centers, while Iran announced potential new strikes that could alter the geography of the war.

The situation is also being fueled by Iran's announcements regarding changing the geography of the war in response to potential new strikes.

Investors will be focusing on speeches by central bank representatives, including European Central Bank President Christine Lagarde and Bank of Canada Governor Tiff Macklem. The calendar for the rest of the day lacks key hard macroeconomic data releases, but these speeches could provide significant insight into future monetary policy decisions.