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Global markets bracing for losses after the Paris attacks

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Rocky


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Global markets bracing for losses after the Paris attacks




11/15/2015

Baghdad - INA / global markets bracing for a wave of short-term sale, on Monday, after terrorists launched coordinated attacks in various places in Paris that killed 129 people, but analysts have ruled out an economic or restitution of long-term consequences of doing in the market.

French President Francois Olund and declared a state of emergency, police and the army and ordered to take to the streets described the attacks as acts of war by Daash, declaring official mourning for three days.

The attacks sparked a wave of international condemnation and strong support from the various peoples of the world to the people of Paris. But Shane Oliver, chief economist at Aah.am.ba. Kabenal Australian in Sydney likely to have any effect on investment decisions just reacting viewer.

Said Oliver, who is also in charge of the strategy in the fund wealth management size of 156 billion Australian dollars (111 billion US dollars), told "Reuters", "will mark the passage of time if the consequences are limited and I think they will also recover markets quickly and turns attention to other things."

The news of the attacks came after the close of markets on Friday, but trading futures on the S & P 500 was still continuing to fall one percent amid weak trading volumes.

Forums Kino said senior technical analyst at Daiwa Securities in Tokyo "if there (the attacks) during trading hours on the market was likely to occur dismay but in front of the market at the weekend to absorb all the information." According to what reported by "Reuters".

With the closure of Wall Street on the landing exceed one percent after weak US retail data was expected landing stock markets in Europe even without the Paris attacks.

It is likely to be exposed French stocks particularly vulnerable to huge losses to the largest tourism sector.

France receives the largest number of tourists between the countries of the world and the sector accounts for about 7.5 percent of gross domestic our per-.

Said Hidenora Ciozawa financial analyst at Nikko Securities Sa.am.ba.sa "Because the size of the tourism sector in France, a large economy may suffer a bit if the incidents have led to the decline in the number of visitors, but tourism in general after the Russian plane crash."

"I do not expect that extends affects impact of the Federal Reserve's decision on monetary policy at this moment."

She Euronext shares and derivatives on Saturday that the French financial markets will be open as normal

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