2 March 2026

Financial markets on alert (but not in panic) over the war in Iran: are they preparing for a scenario of prolonged tension?

In our regular review of the most interesting patterns detected by our scoring system, we are focusing in particular on the signals linked to the escalation of the Middle East crisis that has led to war in Iran.

Precious metals are showing record-high volatility, the energy sector has a positive outlook based on leading indicators, the dollar and Treasuries are displaying flight-to-quality signals, and the Israeli stock market is under pressure.

The statistical snapshot appears clear: flows are positioning consistently with a scenario of prolonged tension in the Middle East. It is an orderly move, without signs of panic.

Here are the most relevant signals.

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