Wednesday, 3 February 2016

MARKET NEWS

Asian shares sagged as oil prices sank again due to fading hopes of a deal to curb a global glut, prompting investor to seek shelter in safe-haven assets and lifting bonds and gold to multi-month highs.

The yen and euro held on to overnight gains against the dollar, driving down U.S. debt yields to nine-month lows and dulling the greenback's appeal.

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