Filter by Categories
Watch Series
The Great Game
Daily Post
Steno Signals
Free Samples
Emerging Markets
Video

Macro Nugget: How do markets react to turmoil in Gaza/Israel?

The market opening hints of a stronger USD, higher energy prices, and slightly rising long bond yields. Is the opening price data backed up by empirical evidence? Let’s have a look.
2023-10-09

We have taken a look at the data over the course of the last five stand-offs between Israel and Hamas/Palestine on the back of the atrocious scenes unfolding in the region over the course of the weekend. We hope and pray for a peaceful outcome and send our thoughts and prayers to hostages and impacted civilians.

We consider an escalation involving Iran to be the biggest market risk right now and will release our geopolitical analysis shortly. Before we get to politics, we will allow the numbers to speak for themselves.

The overview is the following:
– Expect a slightly stronger USD
– Higher…

Chart 1: Table overview of returns +1m after Israel engaging in combat with Hamas  

The market opening hints of a stronger USD, higher energy prices, and slightly rising long bond yields. Is the opening price data backed up by empirical evidence? Let’s have a look.

To read the full article, sign up for a 14-day FREE trial of the Premium plan.

0 Comments