Composite: 52.7% (Risky)
Regime: risk off
Geopolitical: 51.7% (Risky)
Market insight: The Financial Composite Gauge registered 53.0% (Risky), the Overall Gauge hit 52.7% (Risky), and the Geopolitical Layer is 51.7% (Risky). Key drivers include US-Iran nuclear negotiations in Geneva (63.8%) and the US seizure of a tanker fleeing the Venezuela blockade (82.0%). These developments suggest heightened energy supply risks and increased volatility for global commodity markets.