Market indicators were showing caution last week, and if conditions do not improve, there is a possibility of shifting to a more concerning status.
We're still in that position, but if anything, we're even nearer to a shift towards Red. A favorable shift is essential soon to alter the market perspective.
As we approach the fifth week of the Middle East conflict, the global markets outlook is more optimistic than realistic.
Worries that the crisis in the Middle East may slow down global economic development have rekindled demand in cheap government debt, which has led to a surge in the price of sovereign bonds throughout the world.
Bond yields are increasing amid speculation that soaring oil prices could signal a prolonged global fuel shortage.
Government bonds, which were recently under selling pressure as worries about increasing inflation overshadowed their typically safe-haven qualities, are now enjoying a resurgence in demand.