Muted Market Reaction to U.S. Strikes on Iran ‘Surprising,’ Expert Says
12 Articles
12 Articles
Muted market reaction to U.S. strikes on Iran ‘surprising,’ expert says
Financial markets were largely unphased to start the trading week after the U.S. military carried out strikes over the weekend on several nuclear sites in Iran. One expert says he wasn’t expecting the muted reaction from investors.
US strikes precise; markets muted as investors eye growth, wary of Iran risks
Michael Singh, Managing Director at the Washington Institute, and Ed Clissold, Chief U.S. Strategist at Ned Davis Research, say US strikes were targeted, markets are muted, and investors prefer growth sectors, wary of Iran and oil risks.
Markets appear to shrug off Iran strikes
Global markets slipped but remained broadly stable in the wake of the US attacks on Iran. Oil prices rose around 2% before settling, while key US and European indexes fell fractionally. Investors’ relative calm is based on the expectation of a short conflict, one analyst told The Associated Press: “One big hit by the Americans… then [back to] business as usual.” A serious response by Iran, such as closing the vital Strait of Hormuz would change …
The market is shaky after Sunday's US attack on Iran. The dollar and oil prices are rising, while stock markets are being pushed down.
The euro fell today to $1,1450, due to risk aversion after the U.S. bombed Iran’s nuclear facilities on the weekend, although it later regained some positions. The euro shifted around 15.00 GMT to $1,1531, compared to $1,1510 in the last hours of the [...] The Euro entry falls from risk aversion after the U.S. attack on Iran was first published in Information Focus.
Those who feared a bloodbath on the stock markets and an explosion in oil prices after the American attack on Iranian nuclear facilities were mistaken. But what is not, can still come: sentiment can quickly change.
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