World Stocks High Despite Iraq

World Stocks High Despite Iraq

With the Iraq crisis showing no signs of waning anytime soon, the markets are largely un-phased by the unrest. World markets traded slightly off record highs on Friday, still buoyed by the Fed’s announcement earlier in the week. The violence in Iraq could see oil prices increase further by the end of the day with markets reacting accordingly. Japan’s Nikkei ended the day higher following the government’s monthly report sounded a largely positive note. Read the full story.