An 'extended war'? Markets may be underestimating the Israel-Hamas conflict
Publishing timestamp: 2023-10-11 10:09:56
Summary
The article discusses the potential risks and impact of the Israel-Hamas conflict on global markets. Some industry watchers warn that the conflict could lead to oil supply disruption, increased demand for safe-haven assets, and higher interest rates. There are concerns about Iran's involvement and the possibility of escalation. However, some analysts believe that the conflict will not have a significant impact on markets in the long term and that other factors, such as consumer spending and labor shortages, are more relevant to inflation risks.
Sentiment: MIXED
Keywords: government and politics, gold / us dollar spot, us dollar/swiss franc fx spot rate, business news, markets, breaking news: markets, foreign policy, united states, dxy us dollar currency index, iran, israel,