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Crisis-hardened markets have learned to look past military flare-ups

Crisis-hardened markets have learned to look past military flare-ups

Thursday, January 9, 2020, 9:21 PM

Iran's missile attack on U.S. army bases in Iraq overnight sent gold blasting above $1,600 an ounce, boosted the Japanese yen by almost 1% and oil by $3 a barrel. But it took just hours for that safe-haven dash to fade and for world equities to resume their climb. Even September's attacks on Saudi oil installations had no lasting effect on crude prices.
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