Crucial Week for Geopolitics & Markets

This week might be one of the most crucial weeks in recent years when it comes to the geopolitical situation. Three crucial elections are taking place in Canada, Singapore, and Australia, and none have started official trade talks. But more importantly, there are three conflicts that are either escalating or de-escalating. 

The first and oldest of them is the Russia-Ukraine war which is ongoing at an intense scale. Post Pope's funeral Presidents of the USA and Ukraine had a short meeting. The tweet after the meeting surprised many as it criticised the Russian President for dragging the war. This week might become a make or break for any peace deal.

The second and in the making is related to Iran's nuclear program, this has become one of the crucial focuses of Israel's Prime Minister. He is asking for its full dismantling but the dialogue between the USA and Iran might not have that on the agenda. As per the letter sent by the USA President, the two-month deadline is supposed to be 5th May. 

The third and most recent of them is India Pakistan diplomatic conflict. After the recent terror attack, India took aggressive actions with the stoppage of exports and most important suspension of the Indus Water Treaty. This being a major water source for Pakistan has put them in a difficult position. Whether this escalates to the military arena is yet to be seen. 

All these events are crucial for the world and financial markets in the short and medium term. I would keep many on the lookout for any developments on either side. Such uncertainty and high nervousness might lead to further volatility escalation.