Equities brush aside US-Iran conflict to post weekly gain

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Most Asian stocks are seeing out the week on a positive note, after the S&P 500 notched a new record high. Despite the recent US and Iran airstrikes, risk appetite has been largely restored, with USDJPY advancing some 1.3 percent so far this week, while Gold has erased all of its gains this week to trade below the psychological $1550 level.

Investors have been emboldened by signs that both the US and Iran are backing away from the brink of an all-out war. The flare-up in the Middle East was the latest reminder for investors to remain vigilant over geopolitical risks. It remains to be… Read More:

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