Conflict in the Middle East having an ‘acute impact’ on the markets

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Conflict in the Middle East having an ‘acute impact’ on the markets
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CommSec’s Tom Piotrowski says the conflict in the Middle East is having “an acute impact” on the markets. “We saw the US dollar move substantially higher at the end of last week,” he told Sky News Australia. “We saw a very significant move higher where oil prices were concerned as well on Friday – they rose very substantially.

CommSec’s Tom Piotrowski says the conflict in the Middle East is having “an acute impact” on the markets.

“We saw the US dollar move substantially higher at the end of last week,” he told Sky News Australia. “We saw a very significant move higher where oil prices were concerned as well on Friday – they rose very substantially.Mr Piotrowski’s remarks come as the Israel-Gaza conflict intensifies, with the death toll continuing to grow each day.

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