|05 January, 2020

Sunday Outlook: Global markets rattled; oil and safe havens surge over Mideast turmoil

Gold rallies to 4-month high after U.S. air strike in Baghdad

Burning debris is seen on a road near Baghdad International Airport, January 3, 2020. Iraqi Security Media Cell via REUTERS

Burning debris is seen on a road near Baghdad International Airport, January 3, 2020. Iraqi Security Media Cell via REUTERS

Zawya brings you all the latest news and insights relevant to Middle East and global investors in equities, commodities and currencies.

Oil, safe havens surge after U.S. strikes kill Iran commander
MSCI's gauge of stocks across the globe declined 0.52%, while its emerging markets index lost 0.40%

Asian shares stumble, oil, gold up after U.S. strikes in Iraq
MSCI's broadest index of Asia-Pacific shares outside Japan had touched its highest point since June 15, 2018 in early trade

Soleimani strike lifts safe-haven yen; grim U.S. data hits dollar
The Japanese yen had risen as high as 107.82 per dollar and was last up 0.48% on the day at 108.04

Gold jumps 1% as Mideast tensions spur safe-haven bid
Dollar hits 9-week low against safe-haven yen

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