The US swooped into Venezuela over the weekend and took Maduro out, but markets barely flinched [Video]
![The US swooped into Venezuela over the weekend and took Maduro out, but markets barely flinched [Video]](https://editorial.fxsstatic.com/images/i/Maduro-2_XtraLarge.png)
The US swooped into Venezuela over the weekend and took Maduro out, but markets barely flinched. Oil prices jumped briefly before giving most gains back, while safe-havens like gold and silver are on a positive ride. The US 10-year bond is steady, risk assets barely react, and Bitcoin is in the spotlight with reports of a mysterious “shadow reserve”.
So, what does this all mean for markets? Despite Venezuela’s massive oil reserves, production remains tiny, sanctions are in place, and the global oil market is well supplied. Any potential supply shock is unlikely to change the broader trend. Meanwhile, tech investors are eyeing CES, with Nvidia’s Jensen Huang set to take center stage. Watch how markets respond as the year’s first geopolitical shockwaves meet financial realities.
Author
Ipek Ozkardeskaya
Swissquote Bank Ltd
Ipek Ozkardeskaya began her financial career in 2010 in the structured products desk of the Swiss Banque Cantonale Vaudoise. She worked in HSBC Private Bank in Geneva in relation to high and ultra-high-net-worth clients.
