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Middle East escalation fears prompt risk-off move
The attack came hours after Israeli troops entered Lebanon earlier on Tuesday, in a land offensive against Hezbollah after days of air attacks. The Israel Defense Force described the ground raids into its northern neighbor as “limited, localized, and targeted.” This is Israel’s first land operation against Hezbollah since 2006. On Friday, an Israeli attack killed Hezbollah’s leader Hassan Nasrallah, along with other top leaders of the group. Anticipation of Iran’s retaliation, which had been widely flagged in media reports, caused a risk-off move in markets, which had been largely unmoved by news of ... (full story)
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- Posted: Oct 2, 2024 1:36pm
- Submitted by:Category: Fundamental AnalysisComments: 0 / Views: 4,233
