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Transcripts For DW Business 20240713

State of the business good to have you with us and we start with a look at the markets asian shares are down today and all prizes have spiked after u. S. Airstrikes in iraq killed a top iranian commander heightening geopolitical tensions markets were quick to react after news broke that the head of the elite acquits force and a top Iraqi Militia commander were killed early on friday the broad to m s c i asia pacific index fell from an 18 months high why individual markets in Shanghai Hong Kong and tokyo were down up to one percent crudest up almost 3 percent. Or more lets bring in our Financial Market correspondent only bods who is standing by for us and frankly it only obviously markets show very dramatic reactions their stock markets europes odd open yet but what traders worried about. I think theyre worried about this conflict flaring up further escalating the spike in the oil prices shows this the worry isnt such an extent though the people see this as a necessary consequence that

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