The weekender: Vix back above 20

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US stocks traded definitively lower on Friday, ending the week down ~2.4% as markets navigate escalating tensions in the Middle East, higher rates, pl

Markets us everything we learned this week from Corporate America. The increasing geopolitical concerns and the economic and financial market impact of higher yields sent the VIX back above 20, signalling investors to assume a more risk-off stance. A look across markets and asset classes shows investors are leaning into traditional areas of relative defence: Gold and Treasuries inflows stand out here, and Oil is a favourite geopolitical hedge.

Asia forex Most Asian currencies weakened against the US dollar, with the Indonesian Rupiah , Malaysian Ringgit , and Thai Baht experiencing a 1% decline. Foreign investors were net sellers in China A-shares and Taiwan . The biggest drag was likely higher US rates and escalating Middle East tension as investors shun risky assets for safer bets and risk-off hedging strategies.

Source: News Formal (newsformal.com)

 

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