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Maroc Maroc - WN.COM - Business - 02/Mar 04:39

Iran attack sparks warning for KiwiSaver, fuel, inflation

Investors can brace for volatility over the coming days as markets digest the impact and implications of attacks on Iran, as well as potentially higher fuel prices. "We're expecting when markets open on Monday there is going to be a bit of volatility," Infometrics chief executive Brad Olsen said. "Usually you see stocks drop so I wouldn't be surprised if people were looking at some of the investments they might have - their KiwiSaver balances you might see a bit of red ink coming through there." He said investors would be wondering what could happen next. "The world is more frightening than it was a couple of days ago. You're going to see a shift towards less risky assets, that run for...

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