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EUROPEAN OPEN: European equities start in the red, as the US-Iran conflict escalates, sending crude prices and bond yields higher. APAC stocks were mostly in the red, driven by geopolitics and a tech sell-off, though SK Hynix shares managed to recover from a drop of almost 9% in Seoul. US CENTCOM said the US conducted a third consecutive night of strikes against Iran, hitting targets in Bushehr, Bandar Abbas and Bandar Kangan, with explosions also reported on Qeshm Island and Kish Island. The US Navy-led JMIC announced enforcement of a naval blockade of all Iranian ports and coastal areas, applying to all vessel traffic regardless of flag. Trump described the conflict as “going well and fast”, adding that the US would hit “Pickaxe Mountain” soon. Iran’s IRGC struck US military facilities at Bahrain’s Juffair base and in Kuwait with drones, targeted a US vessel with cruise missiles, and a US military base in Jordan was also reported hit. Iran’s Foreign Minister said Iran will remain gua

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Geopolitical risks in the Middle East have reached a peak as military tensions between the U.S. and Iran escalate. This has triggered concerns over oil supply disruptions, leading to a surge in crude oil prices and a rise in global bond yields, thereby increasing financial market volatility. Amid a strengthening preference for safe-haven assets, investors must monitor the potential inflationary impact of skyrocketing energy prices.

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The heightened military conflict creates significant supply chain risks in key oil-producing regions. Investors are reacting by shifting capital into defensive positions as inflation expectations climb due to higher energy input costs.

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DYAX Investor Sentiment

Bullish (Long) 59% · Bearish (Short) 41%

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