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On Friday, Asian shares dipped, while the Japanese yen soared in Asia after the recent US missile strikes on A Syrian air base, thus escalating the conflict and spooking traders worldwide.
The response turned to be immediate with the greenback sagging over half a yen in currency markets. As for gold, sovereign bonds and crude, they surged hard.
Outside Japan MSCI's broadest index of Asia-Pacific stocks lost 0.5% in short order, while the S&P 500 futures slid 0.3%.
The US military launched cruise missile strikes, responding to a recent chemical attack in a rebel-held area, as a US official informed.
Experiencing his biggest foreign policy crisis since taking office, Donald Trump took the toughest direct American action in Syria for six years, thus increasing the risk of confrontation with Iran and Russia, Assad's two major military backers.
Meanwhile, American crude ascended 85 cents, hitting $52.55 a barrel, while Brent futures surged 81 cents, trading at $55.66.
On Tuesday, American shares struggled for direction due to the fact that profits in Walmart compensated losses in financials, with trade negotiations between China and America in focus…
On Monday, British equities generally slipped after the close…
On Friday, Wall Street's key indexes were braced for reporting their biggest weekly profits for a month because traders were quite optimistic about the everlasting trade negotiations to tackle a bruising tariff clash between China and America…
Safe havens such as gold and Japanese yen declined as investors sentiment was boosted by eased geopolitical tensions…
On Tuesday, the euro tacked on because market participants waited for reports on inflation and growth in the euro zone, while the Japanese yen went down after Japan’s major bank told it would be more flexible in its huge stimulus program…
On Tuesday, the evergreen buck dived because the common currency bounced off and the UK pound managed to ascend to the day’s maximums reacting to reports that British Prime Minister Theresa May is going to take control of Brexit talks…
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