Observers said the limited impact on markets was mostly because the standoff is not expected to have a massive impact on global growth.
"It's wait-and-see mode here," said Steve Chiavarone, at Federated Investors."How much, if at all, do things escalate with Iran and does it ultimately impact the global economic outlook? Right now, not so much. Could it change? Sure." The strike on such a high-profile member of the Iranian regime has also raised the question of when and how, not if, Tehran will retaliate, which experts say will likely continue to support crude.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Malaysia Malaysia Latest News, Malaysia Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Asia stocks attempt a rally as Iran anxiety ebbsAsian shares rebounded on Tuesday as a day passed without a new escalation in the Middle East and Wall Street erased early losses to end in the ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
Asia stocks attempt a rally as Iran anxiety ebbsSYDNEY (REUTERS) - Asian shares rebounded on Tuesday (Jan 7) as a day passed without a new escalation in the Middle East and Wall Street erased early losses to end in the black as tech stocks climbed.. Read more at straitstimes.com.
Source: The Straits Times - 🏆 8. / 63 Read more »
UBS, JPMorgan see little Asia market impact from US-Iran tensionsSINGAPORE (BLOOMBERG) - Escalating friction between the US and Iran will likely have limited impact on Asian stock markets, according to UBS Global Wealth Management and JPMorgan Asset Management.. Read more at straitstimes.com.
Source: The Straits Times - 🏆 8. / 63 Read more »
Hong Kong: Stocks suffer more losses on US-Iran fearsRead more at The Business Times.
Source: BusinessTimes - 🏆 15. / 51 Read more »
US stocks shake off early weakness to end higherNEW YORK: Wall Street stocks shrugged off early weakness and pushed higher on Monday (Jan 6) as investors weighed whether escalating US-Iran ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
Hong Kong: Stocks rise in opening tradeHongKong: Stocks rise in opening trade
Source: BusinessTimes - 🏆 15. / 51 Read more »