Markets
Analysis
User
24/7
Economic Calendar
Education
Data
- Names
- Latest
- Prev












Signal Accounts for Members
All Signal Accounts
All Contests


US President Trump Will Deliver A National Address In Ten Minutes, Providing An "important Update" On The Iran Issue
Mexican Budget Documents: The Mexican Ministry Of Finance Projects The Average Blended Price Of Oil Exports To Be $77.3 Per Barrel In 2026 And $54.7 Per Barrel In 2027
Mexican Budget Document: The Mexican Ministry Of Finance Projects An Inflation Rate Of 3.7% By The End Of 2026 And 3.0% By The End Of 2027
Mexico's Budget Document: The Mexican Ministry Of Finance Projects Economic Growth Of 1.8% To 2.8% In 2026 And 1.9% To 2.9% In 2027
Trump Calls On Oil-Short Countries To "Buy From The United States"; Analysts: The U.S. Cannot Fill The Gap At All
Court Records Show That The Democratic National Committee Filed A Lawsuit Seeking To Block President Trump's Executive Order To Tighten Mail-in Voting
Fitch Ratings: Major Japanese Insurance Companies Are Well Prepared For The New Regulatory Regime
U.S. Treasury Secretary Bessenter: The U.S. Treasury Department And The IRS Have Announced Tax Relief For Department Of Homeland Security Personnel, Extending The New Deadline To May 15, 2026
The Bank Of Korea Said It Will Closely Monitor The Inflation Situation Due To Increased Uncertainty Surrounding The Middle East Situation And Oil Prices
The US Military Says It Has Conducted More Than 13,000 Air Missions In Iran. More Than 155 Iranian Ships Have Been Destroyed Or Hit
Canadian Prime Minister Carney: I Have Spoken With US President Trump To Discuss The Latest Developments In The Middle East Conflict
South Korea's Finance Minister: The Recently Passed Foreign Exchange Stabilization Bill Will Help Stabilize The Won
The South Korean KOSPI Index Opened 85.25 Points Higher On Thursday, April 2, A Gain Of 1.56%, To 5563.95 Points
South Korean Finance Minister: Financial And Foreign Exchange Markets Are Expected To Experience Increased Volatility On Thursday Morning Due To The Impact Of US President Trump's Speech

South Africa Manufacturing PMI (Mar)A:--
F: --
P: --
Euro Zone Unemployment Rate (Feb)A:--
F: --
P: --
U.S. MBA Mortgage Application Activity Index WoWA:--
F: --
P: --
U.S. ADP Employment (Mar)A:--
F: --
U.S. Retail Sales YoY (Feb)A:--
F: --
P: --
U.S. Retail Sales MoM (Feb)A:--
F: --
U.S. Core Retail Sales MoM (Feb)A:--
F: --
P: --
U.S. Core Retail Sales (Feb)A:--
F: --
P: --
U.S. Retail Sales (Feb)A:--
F: --
P: --
Brazil IHS Markit Manufacturing PMI (Mar)A:--
F: --
P: --
Canada Manufacturing PMI (SA) (Mar)A:--
F: --
P: --
U.S. ISM Inventories Index (Mar)A:--
F: --
P: --
U.S. ISM Manufacturing Employment Index (Mar)A:--
F: --
P: --
U.S. Commercial Inventory MoM (Jan)A:--
F: --
U.S. ISM Output Index (Mar)A:--
F: --
P: --
U.S. ISM Manufacturing PMI (Mar)A:--
F: --
P: --
U.S. ISM Manufacturing New Orders Index (Mar)A:--
F: --
P: --
U.S. EIA Weekly Crude Stocks ChangeA:--
F: --
P: --
U.S. EIA Weekly Crude Oil Imports ChangesA:--
F: --
P: --
U.S. EIA Weekly Gasoline Stocks ChangeA:--
F: --
P: --
U.S. EIA Weekly Heating Oil Stock ChangesA:--
F: --
P: --
U.S. EIA Weekly Crude Demand Projected by ProductionA:--
F: --
P: --
U.S. EIA Weekly Cushing, Oklahoma Crude Oil Stocks ChangeA:--
F: --
P: --
Mexico Manufacturing PMI (Mar)A:--
F: --
P: --
Russia Retail Sales YoY (Feb)A:--
F: --
P: --
Russia Unemployment Rate (Feb)A:--
F: --
P: --
South Korea CPI YoY (Mar)A:--
F: --
P: --
Japan Monetary Base YoY (SA) (Mar)A:--
F: --
P: --
Australia Exports MoM (SA) (Feb)A:--
F: --
Australia Trade Balance (SA) (Feb)A:--
F: --
Japan 10-Year Note Auction Yield--
F: --
P: --
India HSBC Manufacturing PMI Final (Mar)--
F: --
P: --
Italy Retail Sales MoM (SA) (Feb)--
F: --
P: --
U.S. Challenger Job Cuts MoM (Mar)--
F: --
P: --
U.S. Challenger Job Cuts YoY (Mar)--
F: --
P: --
U.S. Challenger Job Cuts (Mar)--
F: --
P: --
U.S. Weekly Initial Jobless Claims (SA)--
F: --
P: --
Canada Imports (SA) (Feb)--
F: --
P: --
Canada Trade Balance (SA) (Feb)--
F: --
P: --
Canada Exports (SA) (Feb)--
F: --
P: --
U.S. Weekly Continued Jobless Claims (SA)--
F: --
P: --
U.S. Trade Balance (Feb)--
F: --
P: --
U.S. Initial Jobless Claims 4-Week Avg. (SA)--
F: --
P: --
U.S. Exports (Feb)--
F: --
P: --
U.S. EIA Weekly Natural Gas Stocks Change--
F: --
P: --
U.S. Weekly Total Rig Count--
F: --
P: --
U.S. Weekly Total Oil Rig Count--
F: --
P: --
U.S. Weekly Treasuries Held by Foreign Central Banks--
F: --
P: --
Japan IHS Markit Composite PMI (Mar)--
F: --
P: --
Japan IHS Markit Services PMI (Mar)--
F: --
P: --
China, Mainland Caixin Services PMI (Mar)--
F: --
P: --
China, Mainland Caixin Composite PMI (Mar)--
F: --
P: --
Russia IHS Markit Services PMI (Mar)--
F: --
P: --
France Industrial Output MoM (SA) (Feb)--
F: --
P: --
Turkey PPI YoY (Mar)--
F: --
P: --
Turkey CPI YoY (Mar)--
F: --
P: --
India Deposit Gowth YoY--
F: --
P: --
U.S. Average Hourly Wage YoY (Mar)--
F: --
P: --
U.S. Unemployment Rate (SA) (Mar)--
F: --
P: --


No matching data
While lacking the scientific infrastructure necessary for a full-blown chemical weapons program, the Houthis could still renew their threat to Red Sea shipping.
While lacking the scientific infrastructure necessary for a full-blown chemical weapons program, the Houthis could still renew their threat to Red Sea shipping.
Yemen's Iran-backed Houthis have dominated headlines since November 2023, when they launched a major offensive on international maritime traffic in the Red Sea and on Israeli territory. However, the group may be going through another alarming evolution.
In September, Yemeni minister of information Moammar Eryani accused the Houthis of manufacturing chemical weapons from components smuggled from Iran. He claimed that the rebels had "secret laboratories" where they were producing and testing toxic, chemical, and biological agents that they intended to mount on ballistic missiles and drones.
The accusation followed reports from weeks earlier that Yemeni government forces had seized a 750-ton weapon shipment from Iran that included both chemical and conventional weapons camouflaged as generators, electrical transformers, air pumps, and hydraulic columns. At this time, the content of that seizure and the intended use of the chemical weapons have not been confirmed by international actors or unbiased sources.
While the Houthis themselves have never before employed chemical weapons, their use in terror attacks has precedent, particularly in the Middle East. While much attention has been dedicated to the Syrian and Iraqi governments' use of chemical weapons, even non-state actor groups in the region have been able to develop and deploy this form of warfare in the past. Sunni jihadist groups, such as the Islamic State (ISIS), have a history of employing this type of weaponry. In 2015, the group made an evolutionary leap when they armed a projectile delivery system with chemical warfare agents.
The group will need to build its chemical weapons program around two very important factors: technical expertise and availability of components. Given Yemen's porous borders, extensive smuggling networks, and Iran's demonstrated willingness to supply unconventional capabilities, the most likely path for the Houthis to find components would be to acquire bulk dual‑use chemical precursors (common industrial or agricultural chemicals that can also be repurposed to produce toxic agents) or ready-made toxic munitions from external suppliers.
Then the group would likely adapt its existing technologies, like drones and missiles, to carry the toxic chemical components. While that would require overcoming significant technical, safety, and logistical hurdles, those barriers could be substantially lowered by external suppliers, technical assistance, and the group's existing delivery infrastructure.
Executing a large-scale chemical weapon strategy, including one that could potentially continue to upend maritime traffic, will not be something the Houthis can accomplish overnight. Producing, stabilizing, and effectively dispersing toxic agents is technically demanding and risky for the user. Looking at past examples, it was not until ISIS established its territorial caliphate in 2014—giving it access to laboratory equipment, secure labs, and precursor chemicals—that it was able to develop chemical weapons capability.
While the Houthis have an unchallenged territorial base that would allow them to establish these labs, the Yemeni government never had the industrial base or scientific infrastructure for the group to "piggyback" off of. However, Iran, which has a history of sending technical trainers to the Houthis, began developing a chemical weapons program decades ago during the Iran-Iraq war.
Recognizing these challenges, it is likely that the Houthis' first foray into chemical warfare would be characterized by small-scale attacks that utilize crude delivery mechanisms such as canisters of chemicals or roadside, water-borne, or vehicle-borne improvised explosive devices (IEDs). But these smaller-scale attacks can still have a huge impact. Even a limited release of toxic industrial chemicals or improvised agents—substances that are often legitimately traded for agriculture, manufacturing, or medical use—could cause panic and civilian casualties. Moreover, the group's willingness to strike commercial shipping and port infrastructure could add a dangerous dimension.
Using even a crude chemical weapon on a merchant ship or port—which are crowded, difficult to secure, and often operate under commercial rules of engagement—could pose risks for the crew and dockworkers while also forcing prolonged closures, mass evacuations, and multilateral rescue and decontamination operations. All of these could lead to higher insurance costs, rerouted shipping lanes, disrupted aid flows, and temporary shutdowns of chokepoints, all causing lasting disruptions to global supply chains. Attribution at sea is also more difficult, making deterrence and rapid diplomatic response complicated.
In response to the Houthis' rumored chemical weapons development, the international community needs to push the United Nations and the Organization for the Prohibition of Chemical Weapons (OPCW) to investigate such allegations and use diplomatic pressure to push for increased accountability from the Houthis.
Simultaneously, the United States and allied navies active in the region need to strengthen interdiction of suspected weapons shipments through coordinated maritime patrols and port inspections, expand intelligence sharing among states and commercial operators, and increase naval escorting and monitoring of vulnerable convoys. Moreover, they need to prioritize broadening medical readiness in Yemen and neighboring states, stockpile appropriate protective equipment and countermeasures, and train first responders and maritime crews in the management of chemical incidents.
The possibility that the Houthis are moving toward chemical capabilities—and the additional risk those capabilities pose to maritime commerce and coastal populations—is a red flag that deserves urgent and focused attention. The path from smuggled dual‑use components to effective chemical warfare will be difficult. Yet, even small-scale incidents could have devastating impacts on Yemen's vulnerable population, US regional allies, and international shipping.
The risk of loss in trading financial instruments such as stocks, FX, commodities, futures, bonds, ETFs and crypto can be substantial. You may sustain a total loss of the funds that you deposit with your broker. Therefore, you should carefully consider whether such trading is suitable for you in light of your circumstances and financial resources.
No decision to invest should be made without thoroughly conducting due diligence by yourself or consulting with your financial advisors. Our web content might not suit you since we don't know your financial conditions and investment needs. Our financial information might have latency or contain inaccuracy, so you should be fully responsible for any of your trading and investment decisions. The company will not be responsible for your capital loss.
Without getting permission from the website, you are not allowed to copy the website's graphics, texts, or trademarks. Intellectual property rights in the content or data incorporated into this website belong to its providers and exchange merchants.
Not Logged In
Log in to access more features
Log In
Sign Up