Tensions Between The West And Saudi Arabia Give Rise To Traditional Safe Havens

Опубликовано 15 октября 2018, 17:13
According to Reuters, Major stock markets slipped on Monday as rising tensions between Western powers and Saudi Arabia added to concerns over economic growth, with investors flocking to traditional safe havens like the Japanese and Swiss currencies, as well as gold.
Oil prices were little changed as the Saudi-West rift more than offset concerns over slowing demand for oil in the long term.
The yen JPY= touched a one-month high versus the greenback and the Swiss franc rose for the fourth session in five, while gold hit its highest since late July.

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