Newsletter #24: Rising geopolitical risks weigh on markets

Good morning and sunny greetings from Siegerland ☀️ Welcome to the twenty-fourth edition of our newsletter, dear readers! The new trading week ended with a geopolitical bang: Israel attacked several nuclear-related facilities in Iran, including uranium enrichment plants in Isfahan and Natanz. According to reports, the aim was to weaken Iran's nuclear program. Iran responded immediately with retaliatory strikes on Israeli territory – the situation remains tense. This escalation is casting a shadow over global markets: investors are increasingly fleeing to safe havens such as gold and bonds, while risk assets are coming under pressure. In this edition, we look at how this is affecting volatility, market breadth and...