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Market Impact: 0.6

The First War Inflation Tests

Geopolitics & WarDerivatives & VolatilityFutures & OptionsInvestor Sentiment & PositioningMarket Technicals & Flows

A highly volatile week ended as shifting hopes for peace repeatedly swung market sentiment and left positioning dislocated. Expect fierce repositioning and potential large overnight gaps at Monday's open — prepare for volatile flows, wider bid/ask spreads, and consider liquidity or hedging adjustments.

Analysis

A highly volatile week ended as shifting hopes for peace repeatedly swung market sentiment and left positioning dislocated. Expect fierce repositioning and potential large overnight gaps at Monday's open — prepare for volatile flows, wider bid/ask spreads, and consider liquidity or hedging adjustments.

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Market Sentiment

Overall Sentiment

mildly negative

Sentiment Score

-0.25