Composite: 57.3% (Risky)
Regime: mixed
Geopolitical: 68.5% (Severe)
Market insight: The Financial Composite Gauge registered 53.6% (Risky), the Overall Gauge hit 57.3% (Risky), and the Geopolitical Layer is 68.5% (Severe). Drivers include US-hosted Gaza ceasefire talks and the EU loan to Ukraine amidst Russian asset use disputes. The Severe Geopolitical score indicates external risks are escalating faster than current market gauges are reflecting.