World shares steadied and oil pulled back from multi-month highs as investors decided that prospects of an all-out conflict between the United States and Iran had eased
LONDON - World shares steadied and oil pulled back from multi-month highs on Tuesday after dramatic post-new year moves, as investors judged prospects of an all-out conflict between the United States and Iran had eased.
European equities meanwhile rose 0.7%, tracking similar gains in Asia. MSCI’s broadest index of Asia-Pacific shares outside Japan recouped almost all of Monday’s losses.“Geopolitical risk has always felt much worse for markets in the heat of the moment than it does in hindsight, but it’s always possible that the next one will bring us into a different era,” Deutsche Bank strategist Jim Reid said.
With those gains, the MSCI world equity index, which tracks shares in 49 countries, was 0.4% away from a record high. The calmer mood also saw the yen lose much of its safe-haven gains, with the dollar bouncing to 108.48 yen from a low of 107.75 hit on Monday. FILE PHOTO: Traders look at financial information on computer screens on the IG Index trading floor in London, Britain February 6, 2018. REUTERS/Simon Dawson
France Dernières Nouvelles, France Actualités
Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.
ISM non-manufacturing data, trade deficit and Iran tensions: 3 things to watch for on TuesdayHere's what you need to know about Tuesday before you hit the door.
Lire la suite »
Asia stocks attempt a rally as Iran anxiety ebbsAsian shares rebounded on Tuesday as a day passed without a new escalation in th...
Lire la suite »
War Stocks Rise Amid U.S. Tensions With Iran, Lockheed And Northrop Shares JumpWhile escalating tensions in the Middle East derailed the stock market’s strong start in 2020, some sectors of the market are rising on the news even as nervous Wall Street investors sell assets amid increasing geopolitical risk by skleb1234
Lire la suite »
European shares tumble on U.S.-Iran faceoff; oil stocks near two-month highEuropean shares extended losses on Monday as tensions following the killing of a...
Lire la suite »
European stocks seen lower as US-Iran tensions fuel safe haven buyingEuropean stocks are set to open lower on Monday, as investors monitor rising tensions between the United States and Iran.
Lire la suite »