---
title: Geopolitical Risk and Global Financial Market Integration: Dynamic Connectedness across Energy, Commodity, Carbon, and Equity Markets
url: https://www.ml-quant.com/papers/ssrn/7549731/
site: ML-Quant (https://www.ml-quant.com)
updated: 2026-10-02
license: Summaries CC BY 4.0; links go to the original sources
index: https://www.ml-quant.com/llms.txt
identifier: SSRN 7549731
source_url: https://papers.ssrn.com/sol3/papers.cfm?abstract_id=7549731
featured: 2026-10-02
citations: unknown
topic: Macro-Finance & Rates
---


# Geopolitical Risk and Global Financial Market Integration: Dynamic Connectedness across Energy, Commodity, Carbon, and Equity Markets

Global connectedness across energy, commodity, carbon, and equity markets averages 52.4 percent and spikes to approximately 95 percent during major geopolitical disruptions.

- Source: https://papers.ssrn.com/sol3/papers.cfm?abstract_id=7549731
- Identifier: SSRN 7549731
- Released: 2026-10-01
- First featured: Quant Letter No. 133 (2026-10-02): https://www.ml-quant.com/issues/2026-10-02/
- Citations (Semantic Scholar): not tracked
- Published in: not yet
- Topic: Macro-Finance & Rates
- Authors: Mengxi GAO

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