Middle East and earnings season disrupt the market - October 16, 2023
Middle East and earnings season disrupt the market - October 16, 2023
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Middle East and earnings season disrupt the market - October 16, 2023
The Market Screener • 16/10/2023 • 5 min
The conflict in the Middle East has pushed up the price of gold, the dollar, oil and defense stocks, a sign that the financial sector is concerned about the situation. This heightened geopolitical tension coincides with the start of earnings season. In the background, the major debates over US interest rates and the strength of the Chinese economy continue to fuel speculation.