Osama Bin Laden Market Reaction
Muted Market Reaction to Bin Laden’s Death
May 2, 2011
A tactical U.S. military team killed Osama Bin Laden and others in his compound in Abbottabad, Pakistan. The war on terrorism continues. Reprisals are a risk. A 1.8% drop in oil prices has been the most pronounced market reaction to the news. Gold is 0.1% firmer. Silver is lower. The dollar slid 0.3% against the […] More