Investors, on alert to Israel’s attack to Iran: the dollar stands as a shelter asset

In this scenario, the oil, which represents approximately 30% of the world demand for energy, fired – waging almost 14% – together with the goldwhile Public debt yields fall briefly. The actions, even close to historical maximums, also lowered, especially the airlines.

“It’s a dangerous situation”said François SavaryInvestment Director of Genvil Wealth Management, in Geneva. And added: “It is one of those situations in which everything is under control and then everything ceases to be”.

Iran is one of the world’s largest oil exporters and is also at the edge of the Ormuz Straita critical strangulation point through which approximately a fifth of daily world consumption flows and that Iran threatened to close in Western pressure retaliation.

Donald Trump’s gaze on Israel’s attack to Iran

The US president, Donald TrumpHe suggested that Iranwho promised a tough answer, The attack had been sought by resisting US demands in conversations to restrict its nuclear programand urged him to reach an agreement, “Being the next attacks already planned even more brutal”.

In global markets, attention focused again on the real implications of the conflict.

Both investors and central banks are discussed on the direction that the interest rates From now on, given the probable impact to Rive of American tariffs on consumption prices and growth. To this dilemma, Israel’s attacks against Iran are added by the consequent oil trigger to maximum of five and a half months.

The United States Treasury Bonds They tried to benefit from the demand for shelter and the yields at 10 years rise 2% around the 4.44%.

The dollar in the center of the scene after the conflict in the Middle East

He dollar, that for weeks the worst part of the risk of investors was taken, He assumed the role of refuge par excellence. It should be noted that the dollar is the first refuge asset of the central banks, concentrating 46% of the official reserves.

“The dollar is returning to its traditional role in refuge, something we did not see for months,” he said Fiona FivettaEstatega de City Index.

“Variable rental markets are going down in a context of searching for refuge and risk aversion, which gave the dollar a very necessary impulse from the minimums in which it quoted,” added the specialist.

The main Wall Street indices collapse up to 1.4% of the industrial index Dow Jones, followed by S&P 500 and NASDAQ that fall 0.7%.

The dollar dropped 10% compared to a basket of six currencies this year due to distrust in US assets due to the commercial warbut investors hugged him on Friday at the expense of shares, cryptocurrencies, industrial raw materials and refuge coins such as the Swiss Franco and Yen.

Marlborough’s fixed income fund manager, James Atheyhe said that there is a risk that investors will rush too much to consider the absence of an escalation of tension as a green light to re -enter assets such as shares.

“In general, markets tend to overlook this type of events quite quickly, but of course there lies the risk of complacency,” he said. “The situation is really tense and delicate, and risk assets continue to quote perfectly.”