The world's eyes are on the Middle East again during one of the darkest hours of the region. Tensions broke into declarations of armed conflict as Hamas, the militant group that holds the Gaza Strip, launched an unprecedented attack on Israel, with the latter promising “significant military steps” as retaliation. This shocking event has put the world on the defensive, which boosted safe-haven assets like gold, treasuries, and the dollar, as investors lean more on the defensive side during such market uncertainties.
