The earnings season intertwines with geopolitical crises, reigniting the market's risk aversion sentiment

According to Jinshi reports, due to Trump's order to impose a blockade on the Strait of Hormuz, crude oil prices have surged, U.S. stock index futures have fallen, and the dollar has strengthened. This escalation of the situation occurred after the U.S. and Iran failed to reach an agreement in negotiations in Pakistan, which may leave investors feeling disappointed. Elias Haddad, the global market strategy director at Brown Brothers Harriman, stated that this move is bound to rekindle risk aversion this week. Investors are focused on the upcoming first-quarter earnings season, anticipating insights from corporate leadership on the increasing risks.