Oil and gold surge as investors await Iran’s retaliation

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Oil trading above $70 on fears of supply disruption
Gold approaching $1,600 as investors flee to safe havens
Equities across the globe to trade in the red on Monday

 

2020 was supposed to be the year where the global economy bounces back to life after the US and China trade tensions thawed and investors got more clarity around Brexit. Events over the last week have undoubtedly put this outlook at risk. The US killing of a top Iranian military commander in Iraq is not likely to stop a war as President Trump claims, instead this act could set off new conflicts in the Middle… Read More:

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