While the US missile strike against Syria in response to a chemical attack on its civilians caused a bit of uncertainty in financial markets, it looks to have been trivial and short lived as has been the case in the past in response to limited military strikes and most terrorist attacks. 

This is likely to remain the case as the strike was highly targeted and proportional to the chemical attack and does not signal increased US involvement in Syria. One thing it does tell us though is that the US is not withdrawing into isolationism under Trump as some feared and that is a good thing.

Shane Oliver, Chief Economist and Head of Investment Strategy at AMP Capital explores this issue in the video below.