Composite: 57.4% (Risky)
Regime: risk off
Geopolitical: 54.5% (Risky)
Market insight: The Financial Composite Gauge registered 58.4% (Risky), the Overall Gauge hit 57.4% (Risky), and the Geopolitical Layer is 54.5% (Risky). Key drivers are US weapons deployed near Iran and Xi’s warning on US arms supply to Taiwan. All layers residing in the Risky band signal sustained high-level geopolitical risk exposure.