2023-10-09 11:38:08 am | Source: PR Agency
The impact of the Israel Hamas war on market volatility By Dr. Manoranjan Sharma, Infomerics Rating
Below the on The impact of the Israel Hamas war on market volatility By Dr. Manoranjan Sharma, Chief Economist, Infomerics Ratings
The surprise Israel-Palestine war would have wide-ranging ramifications and repercussions across geographies, economies and sectors. There will be volatility in the bond and equity market temporarily. Bond yields will harden, cost of credit may go up for companies, crude price will rise if it spills over to middle East. Gold may become a safe haven.
Bond yields will go down -- as interest rates will rise further, oil prices will go further up. This would impact the Indian capital market, the banking sector, the trade deficit, the current account deficit and also to a limited extent, the fiscal deficit.
All this depends on the severity of the Israeli counterattack and the duration- does it end swiftly with a crippling blow to Hamas or it drags into a long-protracted war, e.g., Russia -Ukraine war?
My sense is for a swift, bloody war and Hamas to get a debilitating blow. But this is an evolving situation and would further heighten geo-political tensions, which were already exacerbated by the Russia-Ukraine war and the posturing or worse in the Taiwan region.
Above views are of the author and not of the website kindly read disclaimer
Disclaimer:
The content of this article is for informational purposes only and should not be considered financial or investment advice. Investments in financial markets are subject to market risks, and past performance is not indicative of future results. Readers are strongly advised to consult a licensed financial expert or advisor for tailored advice before making any investment decisions. The data and information presented in this article may not be accurate, comprehensive, or up-to-date. Readers should not rely solely on the content of this article for any current or future financial references.
To Read Complete Disclaimer Click Here
Latest News
Dollar slips as investors seek safe havens after US ...
Indian shares set to fall as US tariffs hit markets
NHAI constructs record 5,614 kms of highways in FY25...
Members of Delhi Janata Muslim Committee celebrate W...
Evening Roundup : A Daily Report on Bullion Energy &...
Ambassador of India to Thailand hails PM Narendra Mo...
FIIs stood as net sellers in equities as per April 0...
MOSt Market Roundup : Sensex Surges 600 Points, Nift...
Newly married Sonakshi Sinha, Zaheer Iqbal seen at M...
Bollywood actor Vaani Kapoor dazzles in silver gown ...
More News
News Not Found