The ongoing escalation of conflicts in the Middle East has heightened investor anxiety and boosted safe-haven assets such as government bonds, gold, and the Swiss franc. Macro traders expect that after trading resumes on Monday, the market will focus on the energy sector, and early trading in the foreign exchange market is expected to be volatile. Concerns over ongoing regional turmoil and the chain reaction from rising oil prices have prompted fund managers to sell stocks and shift to safer assets.
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The ongoing escalation of conflicts in the Middle East has heightened investor anxiety and boosted safe-haven assets such as government bonds, gold, and the Swiss franc. Macro traders expect that after trading resumes on Monday, the market will focus on the energy sector, and early trading in the foreign exchange market is expected to be volatile. Concerns over ongoing regional turmoil and the chain reaction from rising oil prices have prompted fund managers to sell stocks and shift to safer assets.