FXTM Market Analyst predicts financial gains from Middle East crisis ....Urges nations to prepare for potential market shocks
FXTM Market Analyst predicts financial gains from Middle East crisis ....Urges nations to prepare for potential market shocks A Senior Market Analyst, in charge of Africa in FXTM Academy , Mr Matthew Anthony has predicted financial gains that will come the way of major oil producing countries , including Nigeria on account of the ongoing conflict in the Middle East as Israel - US - Iran war intensifies. Speaking in an interview, the FXTM Market Analyst said besides Nigeria , other oil producing nations may profit from the conflict provided they are able to put a lid on inflation- a major consequence from rising oil prices-and use the windfall for critical budget needs while preparing for potential market shocks. He said oil prices spiked to just above $120 over the weekend as escalations of the Israel -US-Iran war intensified, with key energy installations targeted. As a result, Anthony said major oil suppliers are due to meet shortly to open the tap of their st...