Following the Paris’ attack on Friday 13th November, 2015, this has been a major blow in the business and investment sectors. Apparently, the Euro currency has been affected most with it depreciating to the lowest point (in 6  months time) in comparison to other currencies such as the Japanese yen. This has been contributed majorly by the situation where most investors have opted to go for safer investment options such as wealth storage in gold and in government treasury bills which have low risks. Actually, the investment in gold recorded a rise by 1% as they were thought to be safer where an ounce traded at $1092.70

In the business sector, market analysts state that areas that have been affected most are the investment in stock and shares which are traded in the stock markets. Particularly, industries such as tourism and transport have experience a considerable drop in relation to the shares traded. For instance, the Air France went down by 5% whereas the British Airways recorded a decline by 3.4%.

One will come to understand that tourism is a major contributor of Gross Domestic Product (GDP) where it accounts about 7.5%. The attack that left 130 people dead could really impose a negative effect to this revenue generating sector. This is because most investors could take into account the speculation factor and prefer to invest in low-risk assets rather than on assets which are prone to loss.

As France reiterated with intense air strikes in Syria, this led to the prices of oil being affected leading to their rise. In the Asian market, there was a decline in the share prices to the lowest point being recorded for the past six weeks. Furthermore, what triggered this effect was the fact that Japan experiencing a recession period in relation to its economy.

In Europe, the major Stock exchange markets were modestly affected by the Friday’s attack with most of them recovering by Monday 15th November, 2015. For the Frankfurt and Paris stock markets, there was only a slight down of 0.1%.

Furthermore, there are speculations that if the number of tourists who go to Europe decline, this would further result to the weakening of the euro currency. To control the prevailing situation, the European Central bank is expected to lower the interest rate in order to stabilize the Euro.

Though market analysts state that the effect is temporary in relation to the economy, investors have opted to take caution and watch on how the market is reacting in trading of shares. As the market tries to adjust after the attack, the businesses have to adjust and recover from the market shock with time.