Middle East Conflict Escalation Sends Investors into Panic

Investors are closely monitoring the intensifying conflict in the Middle East, as Israeli forces increase operations in the Gaza Strip and tensions rise in the region. Concerns over potential disruptions to crude supplies have led to a 2.9% increase in Brent futures, while spot gold surpassed $2,000 for the first time since mid-May. The conflict could impact markets already anticipating a busy week with the Federal Reserve policy statement and Apple's quarterly results. Investors are also considering the potential effects on Treasury yields and safe-haven assets like US government bonds.