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Financial markets nervous amid Middle East tensions; oil price falls – business live
news.movim.eu / TheGuardian · Monday, 15 April - 07:10
Rolling coverage of the latest economic and financial news
The London stock market is open… and stocks are a little lower at the start of trading.
But it’s certainly not a big selloff. The FTSE 100 index has only dropped by 20 points, or 0.25%, to 7976 points.
Israel’s government’s potential response is still extremely uncertain. The stakes are high. Significant retaliation could lead to a wider conflict, consequently triggering a rally in oil prices, robust demand for the US dollar, and renewed buying of gold.
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