According to sources who were at a meeting between envoys and the Syrian coalition

  • Aim of military strike would be to deter further use of chemical weapons
  • Opposition has suggested list of potential targets
  • Western powers advise Syrian opposition to prepare for Geneva talks despite impending attack

Brent crude is now starting to take this seriously as it breaks $112 up to $112.54 high.

Now we’re getting confirmed talk of military strikes so this issue is going to escalate. The pound and the euro are falling again and the dollar is getting hit against the yen as traders seek safety. EUR/CHF is taking on safe flows and is back below 1.23. Could be the SNB needs to warm the printing presses up again.