Tom Stevenson, investment director of Fidelity International, said that the situation in the Middle East heated up last Friday, but the market reaction was unexpectedly calm and did not disrupt market sentiment. Currently, it seems that this has raised more energy concerns than other economic levels, but this matter is still an important topic at the G7 summit. On the other hand, such developments in the past often triggered a rise in risk aversion in the market, prompting investors to seek financial havens. Although investors are seeking safe-haven assets, the target doesn't seem to be the US dollar or US debt, so the two trends are almost unaffected by the escalation of the Middle East conflict. Just like the market reaction after the US announced tariffs in early April, gold, non-US stocks, and even Bitcoin, which is viewed as risky, have become new safe havens for investors to choose to stop. Furthermore, the market generally expects the Federal Reserve to keep interest rates between 4.25% and 4.5% after tonight's interest rate meeting, in order to continue to wait and see the impact of US tariffs on inflation and economic growth.

Tom Stevenson, investment director of Fidelity International, said that the situation in the Middle East heated up last Friday, but the market reaction was unexpectedly calm and did not disrupt market sentiment. Currently, it seems that this has raised more energy concerns than other economic levels, but this matter is still an important topic at the G7 summit. On the other hand, such developments in the past often triggered a rise in risk aversion in the market, prompting investors to seek financial havens. Although investors are seeking safe-haven assets, the target doesn't seem to be the US dollar or US debt, so the two trends are almost unaffected by the escalation of the Middle East conflict. Just like the market reaction after the US announced tariffs in early April, gold, non-US stocks, and even Bitcoin, which is viewed as risky, have become new safe havens for investors to choose to stop. Furthermore, the market generally expects the Federal Reserve to keep interest rates between 4.25% and 4.5% after tonight's interest rate meeting, in order to continue to wait and see the impact of US tariffs on inflation and economic growth.