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This week could be unofficially declared as the seller’s market as global equities, currencies and commodities all encountered heavily selling momentum as coronavirus fears showed no sign of easing. Even Gold which is considered as a safe-haven asset was caught in the rapid crossfire, depreciating over 3.3% on Friday and on path to concluding the week shedding more than 4% in value. Intensifying concerns over the coronavirus outbreak and negative consequences it will have on the global economy is fostering a sense of unease, uncertainty and... Read More
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