Roger Whittaker

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Ing report on market impact of Israeli attack on Iran

Tuesday 16th January 2007

An analysis by Ing (dated 9th January 2007) of the consequences for global markets of an Israeli attack on Iran has appeared (24 page PDF) in more than one place:
http://www.rawprint.com/images/Iran07a.pdf
http://www.jsmineset.com/cwsimages/Miscfiles/4034_iran.pdf
Local copy.

Entitled "Attacking Iran" its subtitles read:

The market impact of a surprise Israeli strike on its nuclear facilities

A high impact, if low probability, scenario?

The conclusion begins:

The financial markets are assuming that an Israeli and/or US attack on Iran is unlikely. However, bellicose rhetoric from Israel and an imminent build-up of US forces in the Gulf suggest that they could be in for a shock.