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Safe havens give back gains on reduced geopolitical tensions Oil erases risk premium, falling 9% from its Wednesday high Friday’s US jobs report will be under trader spotlights In less than 24 hours, investors have performed an about-turn from their initial defensive positioning to risk taking and markets rallying. On late Tuesday, Oil prices surged above $71, Gold topped $1,600, safe haven currencies rallied and US 10-year Treasury Bond yields fell to their lowest levels since early November. All these moves were a reaction to the Iranian missile attack on US military... Read More
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