Markets Mixed as Israel-Hamas Conflict Escalates; Investors Eye Central Bank Outlooks
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Financial markets trade mixed Tuesday amid geopolitical tensions between Israel and Hamas. Investors eye central bank speeches.
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Wall Street indexes closed higher Monday despite escalating Middle East conflict. Dovish Fed comments hurt USD.
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Israel conducted overnight airstrikes in Gaza with over 200 targets hit. Over 137,000 Gazans seeking shelter.
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Chinese developer Country Garden warned of uncertainty meeting offshore debt obligations. Hong Kong stocks rose, Shanghai fell.
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EUR/USD rebounded after dipping Monday. GBP/USD stabilized above 1.2200. BoJ may raise 2023/24 inflation forecast to near 3%.