How do conflicts affect markets?
Correlation of the daily number of events from all monitored regions with the daily closing prices of precious metals, commodities and cryptocurrencies. Stooq data, updated daily.
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Price ($) Events / day Key eventsKey events over the period 0
High-impact events (missiles, bombs, casualties) from the monitored regions. Hover over the chart to see a tooltip with the specific event.
How to read this data
Correlated spikes: when the green bar (number of events) rises sharply together with a price move, a market reaction to geopolitical risk may be suspected. A divergence, where the price rises without new events, suggests factors outside the scope of this map (central bank decisions, macro data, sentiment).
Data: stooq.com. Number of events: aggregated from the monitored conflict regions. Correlation does not imply causation.