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Weekly Market Recap (09-13 October)

Monday:Over the weekend Hamas launched a massive attack against Israel from Gaza which led to Israel to declare war against Hamas and invoking Article 40 Aleph for the first time since October 1973. The first reaction in the markets at the open was of risk aversion with equities lower, bonds higher, safe haven currencies higher and gold and crude oil higher. Most of the moves were faded soon after as the conflict is unlikely to change much the big picture as long as it doesn’t escalate to other...
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Posted: Oct 13 2023, 14:37
Author Name: forexlive
Views: 082567