The markets are in turmoil, with the ASX 200 set to take a hit and the S&P 500 and Nasdaq tumbling as the US launches new strikes on Iran. The US CPI is up to a three-year high of 4.2%, and commodities are in freefall, with gold, platinum, and silver all taking a hit. The VIX has jumped to a two-month high, and bond traders are positioning for multiple Fed rate hikes in the coming months. Investors are seeking refuge in transportation stocks, options bets, and profitable firms, while bearish options on South Korea's Kospi signal potential market declines ahead. The ASX Today section highlights some corporate actions, including dividends and earnings, as well as an upcoming IPO and AGM. The key events section lists stocks trading ex-dividend and the economic calendar, including the ECB interest rate decision and US PPI.
