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$ENSO ignites the screens — and geopolitical risk pressures the markets
Prices for
$ENSO reached 1.807, an increase of over +62%, in a move that cannot be separated from the rising tensions in the Middle East which translate into moral pressure on the markets.
The escalatory statements in the region are not just emotional rhetoric — but calculated messages from official sources that the markets read as signals of greater geopolitical risk probabilities. For example, the Iranian leader condemned the Israeli attacks and promised a "very harsh" response, emphasizing his country's right to retaliate against any aggression committed against it, while holding the United States responsible for the consequences of the reciprocal operations.
Why is this important for the markets now?
Markets respond to expectations before realities materialize, especially when the level of macroeconomic risks rises:
• Energy supply pathways under pressure
• Risk assets are declining rapidly
• Hedging moves to gold and the dollar
When official statements escalate and the probabilities of military escalation or harsh responses increase, commodity, currency, and equity markets are often among the first affected — and prices move before the actual action occurs.
Stay tuned for military signals and headlines, as oil, gold, and stocks will be among the assets most affected by shifts in risk.
#Macro #MacroRisk #GeopoliticalTension #ENSO #SafeHavenFlows #GlobalMarkets