Instant View: Iran Missile Attack Roils Financial Markets
Jan. 8, 2020 – By Reuters
SINGAPORE — An Iranian rocket attack on U.S. forces based in Iraq has sent markets into turmoil and investors racing for safety. Here are analyst views on the market moves:
SEAN CALLOW, FX ANALYST, WESTPAC, SYDNEY
“The weight of money is counting on a replay of the price-action on Monday. Essentially people are betting that this is not going to be our main focus three months from now.”
DAVID KOTOK, CHIEF INVESTMENT OFFICER, CUMBERLAND ADVISORS, FLORIDA
“The market looks at…single events and doesn’t say it is a sequence intensifying to larger scale war. It is pricing in tension and risk but not the development of larger scale war.”
Read the full article at: The New York Times
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