The Israel-Gaza conflict is having an ‘acute impact’ on the markets.

Conflict in the Middle East having an ‘acute impact’ on the markets

Tom Piotrowski from CommSec, Australia’s largest online stock broking firm, has said that the ongoing conflict in the Middle East is having “an acute impact” on the markets.

“We saw the US dollar move substantially higher at the end of last week,” he said in an interview with Sky News Australia.

“We saw a very significant move higher where oil prices were concerned as well on Friday; they rose very substantially.”

“This is very much seen through the lens of what’s going on in the Middle East.”

The remake of Mr. Piotrowski comes as conflict between Israel and Gaza intensifies, continuously increasing the death toll daily.

- Published By Team Australia News

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