Next Steps Key To Market Impact of Israeli Strike, Analysts Say
The key question for markets following Israel's strike on Iran is whether the fallout can be contained, say strategists.
Israel conducted an air strike in Iranian territory, with Defense Minister Israel Katz calling it a 'preemptive strike.' The tension weighed on markets: Oil surged, Asian stocks and US equity futures fell, and the dollar reversed earlier losses as traders dumped risk currencies.
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