Fri, Nov 13, 2015,( 9:36 PM EST)
France has declared emergency, for the first time after WWII, after coordinated terror attacks left more than 100 people dead in multiple bombing and shooting incidents.
Japan has also been put on alert after a 7.0 magnitude earthquake struck the country’s south-western coast resulting in a small tsunami.
Reports are that the U.S. President Barack Obama might cancel his participation in next month’s G-20 summit in Turkey.
On financial world, the immediate impact of Paris attacks could be a pause in major policies decisions, especially hard decisions that could spark volatility in markets. As it is, these two events are enough to create some volatility in markets. We hope, that it will be only some volatility, because markets become very resilient at times when the rest of the world panics. We hope, by next Monday, when global markets open, peace and resolve will prevail.
Our thoughts and prayers are with people affected by terrible Paris attacks and Japan earthquake. May they find peace and strength to overcome these tragedies.