PANews reported on March 1st that, according to Jinshi, Christopher Wong, a strategist at OCBC Bank in Singapore, stated: "With markets poised to open on Monday, the Iranian conflict has increased geopolitical risk premiums. The initial market reaction is largely predictable: safe-haven assets such as gold may gap up, while oil prices may also strengthen due to concerns about supply disruptions. Risk assets and high-beta currencies... may face initial volatility, especially if news reports suggest potential retaliation or regional spillover effects."