Last news in Fakti

Escalation in the Middle East will shake the financial markets

The degree of destabilization depends on whether Iran's attack on Israel provokes retaliation

Apr 15, 2024 09:21 80

Escalation in the Middle East will shake the financial markets - 1

The escalation of the crisis in the Middle East will contribute to further instability of the financial markets when trading resumes, said ag. Bloomberg.

The geopolitical situation is expected to have an impact on the financial markets this week. However, the level of this will depend on whether Iran's attack on Israel provokes retaliation. This is also affected by stagnant inflation and the prospect of rising interest rates.

However, the nervousness of the markets could be contained after Tehran's statement that the operation against Israel is complete, as well as the message of the US President Joe Biden, who told the Israeli Prime Minister Benjamin Netanyahu about the lack of support for Israeli offensive operations against Israel by the US.