CommSec’s Tom Piotrowski says the “geopolitical situation” occurring in the Middle East is currently putting pressure on the global markets. Mr Piotrowski says there are concerns around the “escalating issue” between Gaza and Israel. “Which saw a lot of pressure to bear on markets more broadly,” he told Sky News Australia. “On top of all that, you tended to see the concerns about rising interest rates. “Which is why the interest rate sensitive sector was under a fair bit of pressure as well.” Presented by CommSec.
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