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Markets braced for slump over geopolitical unease

Daily Express

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October 18, 2023

AS MIDDLE East tensions rise, stock markets have held steady instead of crashing as many expected, but these are still early days.

Markets braced for slump over geopolitical unease

Investors are on edge as they wait to see what happens next, said Kyle Rodda, senior market analyst at Capital.com. "An Israeli ground offensive could ignite a larger and more complicated regional conflict that risks supply chains, energy output, economic growth and financial stability," said Rodda.

Investors are waiting to see the outcome of US President Joe Biden's talks with Israeli Prime Minister Benjamin Netanyahu.

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