The recent horrific terrorist attacks in Brussels came as a complete shock for the whole world. However, financial markets showed muted reaction to these appalling assaults. Some experts say that financial markets are stunned as a result of prior attacks; others say that markets will react later. The first group believes that the economies have already suffered terrorist acts in London, Madrid, and Paris and they completely understand the devastating impact on the GDP growth. The other group claims that it’s been too little time and it is difficult to predict the aftermath of those strikes. Besides, everyone should figure out whether it was a single case or the first one in a series of large-scale attacks. “If the second or the third attack similar to that in Belgium happens, financial markets will show extremely negative reaction to European indices and stocks,” independent economic expert Anton Shabanov says. Provided that terrorist attacks continue, financial markets will no longer enjoy tranquility and adverse effects will inevitably take place.
Informed sources reveal that Germany is currently the most exposed country to the attacks. “At the moment, no one can really be sure what happens next. Under existing circumstances, Germany indeed can become the next victim after Brussels. But I hope it will not run to that. I do not think Germans will let their guard down and rely only on standard security requirements and surveillance. I am sure Germany will pull all their efforts to avoid the Brussels fate,” Anton Shabanov says. We can only hope that neither the world community nor financial markets will suffer another dreadful shock.
