On October 7, Hamas launched a lethal assault on Israel, involving rocket strikes. At the 7-day-mark of war, more than 400,000 people had been displaced in the Gaza Strip, and about 12,000 people had been wounded on both sides, with those in Gaza accounting for the majority.

Markets, at the first instance, reacted in a way that is typical in the wake of heightened geo-political risks from the Middle East, Stephen Miller, investment strategy consultant at GSFM Funds Management, told Forbes Australia.

Read the article in Forbes Australia