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Paris attacks seen causing short-term global markets drop

November 15, 2015

Stocks in major markets are set for a short-term sell-off on Monday after suspected Islamist militants launched coordinated attacks across Paris that killed more than 130 people, but few strategists expect a prolonged economic impact or change in prevailing market directions. If increased national security causes trade friction, longer-term commercial effects also "bode ill for the euro," said Brian Battle, director of trading at Performance Trust Capital Partners in Chicago.

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