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Asian Stocks Decline After US-led Airstrike on Syria

四月, 07 2017

Economic news

Asian stocks dropped after the US government led an airstrike against Syria as an apparent retaliation to the recent chemical attack on the same country which is allegedly spearheaded by members of Bashar al-Assad’s regime. The said gas attack killed several civilians as well as several children while more people sustained serious injuries. Meanwhile, gold and oil prices shot through the roof as a result of the said occurrence. The market is now in a risk-off mode since the entirety of the market was surprised by this blitzkrieg coming from the US. However, this is not expected to have a long-term effect on the market unless this means more US involvement in the Syrian war.

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