Volatile Weekend in Markets
4 Articles
4 Articles
The nervousness peaked this Friday following the attacks on Iran. ...
Israel’s air attacks, without U.S. backing, against Iran generated nervousness in the world and the market was no exception. The prices of raw materials rose and the stock market yielded in different regions, as investors sought refuge assets. This in the context of Iran responding to attacks and conflict being more serious. “The geopolitical escalation adds another layer of uncertainty to an already fragile feeling,” said Charu Chanana, chief i…
Investors fear that a broader conflict in the Middle East following Israel's attack on Iran could lead to a shortage of oil in global markets, so that will weigh on the global economy. Stocks in Asia and Europe fell on Friday. Stocks on Wall Street also fell.
The franc, considered a safe haven by investors, appreciated sharply on Friday following Israel's attacks on Iran, which announced its intention to retaliate.
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- 50% of the sources are Center, 50% of the sources lean Right
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