GLOBAL MOOD: Risk-OffDrivers: Russia-Ukraine Conflict, Fed Rate Speculation, Strong US Business ActivityMarkets leaned into a risk-off mood as Fed officials signaled caution on interest rate cuts, reinforcing expectations of a steady or hawkish stance ahead of Jerome Powell’s Jackson Hole speech. Investors shifted away from riskier assets like tech stocks, while demand for safe-haven assets remained elevated amid concerns over mixed economic data and persistent inflation pressures.
.png)
