Early reaction
Oil prices rise, futures fall.
The market is showing early reaction to the war between Israel and Palestine
I reckon there could be quite a bit of knee jerk reaction when the market opens - quite similar to what happened when Ukraine and Russia war broke out.
But at this point, nobody will know the extent of the war and its impact.
Pray for those who are caught in the middle of the crossfire 🙏🏼
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OceansWave : This war in Israel has been happening time and time again over the past few decades.. whether it will impact the stock market, I believe it will slowly surface.. on whether the impact will be huge or little, this is something that can’t be gauged, but we can see at the moment, some impact to prices of oil is happening..
Any news catalyst from political leaders might push the impact even further.. but we got to wait and see..
Nevertheless god bless to those in the war.. hope the war can be resolved with less casualties..
ramenbowl : US stock markets are actually stronger than what most people think. The Middle East conflict is well-known to the international audience and it has been ongoing for quite some time now. The only thing that bites was that it happened over the weekend when markets are closed, adding to speculation in oil and gold. But don't worry, investors are smarter than yesterday, and by knowing that the FED has a clear mandate in returning to normalcy, this will prevail on top of anything else.
Cow Moo-ney OP ramenbowl : Short term = knee jerk reaction. Long term = lesser impact. But if we have a regional war or WW3, that’s a diff story.
卧月 : Actually, it's all Wall Street's decision!
Cow Moo-ney OP 卧月 : Yes