An attack on Israel could increase demand for defense assets such as gold, the dollar and U.S. government bonds. writes about this ReutersS.
On Saturday, militants of the Palestinian group Hamas fought their way towards Israel. The West, led by the United States, condemned the attack and promised support to Israel.
According to analysts, increasing geopolitical risks may lead to the purchase of assets such as gold and the dollar and an increase in the demand for US Treasury bonds, which have recently been actively sold.
Peter Cardillo, Chief Market Economist at Spartan Capital Securities, believes gold is an ideal hedge against international instability. He also thinks the dollar will benefit.
Annex Wealth Management economist Brian Jacobsen states that despite Iran’s support for Hamas’ actions, the impact on oil prices will be limited. What is important is the reaction of Saudi Arabia, where Washington is trying to improve relations with Israel.
David Kotok, president and chief investment officer of Cumberland Advisors, also warns that the domestic political crisis in the United States is weakening their positions. He worries that the United States will not be able to provide a reasonable response.
Recently the State Duma said where investment To Russians, except for the ruble.
It was previously known that the Fed collapsed The US debt market is seeking lower inflation.