|09 January, 2020

Thursday Outlook: Oil edges up, Asian shares erase losses as market recovers poise

Markets see U.S.-Iran tension easing for now

An explosion is seen following missiles landing at what is believed to be Ain al-Asad Air Base in Iraq, in this still image taken from a video shot on January 8, 2020. Iran Press/Handout via REUTERS

An explosion is seen following missiles landing at what is believed to be Ain al-Asad Air Base in Iraq, in this still image taken from a video shot on January 8, 2020. Iran Press/Handout via REUTERS

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

Asian shares erase losses as Mideast tensions ease, oil ticks up
Safety rush turns to relief rally as Mideast tension ebbs

Gold little changed as fears of larger U.S.-Iran conflict ease
Spot gold was unchanged at $1,555.51 per ounce by 0031 GMT

Yen, Swiss franc on retreat as U.S.-Iran tensions subside
Aussie worst performer so far this year

Oil edges up after plunge, as market recovers poise
Oil prices also came under pressure on Wednesday after a surprise build in U.S. crude stockpiles

Mideast Stocks: Major Gulf indexes slide as Iran retaliates; Aramco's retreat extends
All Saudi Arabian banks slide but one


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