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Market Impact: 0.75

First an oil shock, now a strong U.S. dollar surprise?

Geopolitics & WarEnergy Markets & PricesCommodities & Raw MaterialsCurrency & FXInvestor Sentiment & Positioning

Event: War in the Middle East is likely to push oil prices higher and produce a stronger-than-expected US dollar versus the start of the year. Expect increased cross-asset volatility, upside pressure on energy-driven inflation and tighter financial conditions for dollar-exposed and commodity-importing markets.

Analysis

Event: War in the Middle East is likely to push oil prices higher and produce a stronger-than-expected US dollar versus the start of the year. Expect increased cross-asset volatility, upside pressure on energy-driven inflation and tighter financial conditions for dollar-exposed and commodity-importing markets.

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Market Sentiment

Overall Sentiment

mildly negative

Sentiment Score

-0.25