The Traderszone Network

Published in TZ Latest News 15 November, 2015 by The TZ Newswire Staff

Paris attacks seen causing short-term global markets drop

SYDNEY/TOKYO/PARIS/NEW YORK (Reuters) – Stocks in major markets are set for a short-term sell-off on Monday after suspected Islamist militants launched coordinated attacks across Paris that killed more than 130 people, but few strategists expect a prolonged economic impact or change in prevailing market directions. If anything, any initial damage to economic confidence, tourism and trade within Europe will likely reinforce the European Central Bank’s resolve to ease monetary policy further next month, they reckon.

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