Will Conflicts and Oil Prices Determine Market Direction?
It’s been an eventful period since our last editorial, and the geopolitical landscape has only grown more uncertain. While much attention is understandably focused on the Israel-Hamas conflict, there’s another simmering pot of concern in the South China Sea that’s worth noting. As a result of these tensions, the global stock market indices have experienced a decline, and we have witnessed a surge in yields, crude oil prices and gold values. These indicators collectively signal a ‘risk-off’ sentiment among investors.