Risky

NAB Morning Call · Oct 15, 2023 · 14m

Monday 16th October 2023NAB Markets Research Disclaimer Financial Services Guide | Information on our services - NABThe uncertainty surrounding developments in the Middle East is seeing a rush to safe-haven assets, including a sizeable lift in gold prices. NAB’s Tapas Strickland wonders whether many investors had been caught short, buying in on central banks’ higher for longer narrative, without factoring in the risk of geopolitical uncertainty. The Israel Gaza conflict s now being taken seriously, with sharp rises in oil as questions remain around how much of a regional war could emanate…