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Global markets brace for short term hit after Paris attacks

Discussion in 'Market News' started by Lily, Nov 15, 2015.

  1. Lily

    Lily Forum Member

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    Experts say markets may fall but should recover, although shares in France’s tourism sector are likely to be hit worse than others

    Global stocks are set for a short-term sell-off on Monday after Islamist militants launched coordinated attacks across Paris that killed 129 people, but analysts said a prolonged economic impact or market reaction was unlikely.

    President Francois Hollande has declared a state of emergency, ordering police and troops into the streets, and set three days of official mourning after the attacks he called an “act of war” by Islamic State.

    Related: Paris attacker named as Omar Ismaïl Mostefai as investigation continues – live updates

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