Investors are observing Israel’s violence as a geopolitical risk, potentially causing a shift towards safe haven assets.
The Hamas attack on Israel, condemned by Western nations, could stimulate demand for U.S. Treasuries, which have been sold off.
Gold is a great hedge against international unrest, and the dollar strengthens during international turmoil.
Markets have risen as bond yields rise, and stocks have stabilized.
The impact of the conflict on oil prices and Saudi Arabia’s reaction is crucial.
Washington turmoil weakens the U.S., with House Republicans seeking a replacement for Speaker Kevin McCarthy and facing a fiscal crisis.