Strong risk-aversion keeps equities lower, Gold jumps to record $1869

Article Image Source: Advanced Currency Markets |

G10 Advancers and Decliners vs USD
CHF 0.29
JPY 0.03
GBP -0.02
EUR -0.36
Weak economic reports from the US has kept markets in the red as Dollar, Yen, Franc gain against most currencies and Gold reached new records. The currencies advanced as stocks extended a worldwide rout amid speculation European banks lack sufficient capital, boosting demand for safer assets. Fed’s Dudley said yesterday that the central bank always keeps an eye on the performance of U.S. and…

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