Home / Publications / Analytics / Stocks fall, oil prices and the ECB - the first consequence of the assassination of Iranian General

Stocks fall, oil prices and the ECB - the first consequence of the assassination of Iranian General

Analytics

the Situation in global financial markets demonstrates the growing confidence of investors in the great war in the middle East.

Stocks fall, oil prices and the ECB - the first consequence of the assassination of Iranian General

the growth of the stock after the new year holidays have been fully offset by the increased tension in the middle East after the United States killed an Iranian General. Investors move their assets into gold, boosting prices of the metal to a seven-year high and oil jumped to the highest level since September.

Iran put its missile forces on high alert after the statement of the President of the United States Donald trump that the United States would retaliate "perhaps a disproportionate way", if Iran were to attack any American or military object.

Sunday, the Iraqi Parliament recommended the withdrawal of all foreign troops from the country, the first thing that will touch 5000 American soldiers as part of the international contingent of the armed forces at war with ISIS.

Spot gold rose 1.8% to 1579,72 dollars per ounce, reaching the highest level since April 2013. Oil prices rose on fears that conflict in the middle East could disrupt global supplies. Futures on Brent crude rebounded above $ 70 per barrel, while U.S. oil gained 1.7% to 64,12 dollar.

"Geopolitical events are by nature unpredictable, but previous periods of heightened tension suggests that the impact on the broader markets tends to be short-term and more lasting impact is limited to local markets," says mark Hefele, Director of investments for UBS Global Wealth.

In the foreign exchange market have become a priority of Japanese yen, which is considered to be a preferred haven among currencies due to the huge stocks of foreign assets in Japan. Investors suggest that the Japanese are repatriating funds their money in a real global crisis that will lead to a rise in the yen.

Сomments
Add a comment
Сomments (0)
To comment
Войти с ВК Войти с ФБ Войти с Яндекс
Sign in with:
Войти с ВК Войти с ФБ Войти с Яндекс