Market comment | Oil prices soared more than 10% amid mounting geopolitical tensions
Published on Monday, September 16, 2019 | Updated on Wednesday, September 18, 2019
Market comment | Oil prices soared more than 10% amid mounting geopolitical tensions
Summary
Investors sought shelter in safe-haven assets after the attack on Saudi Arabia’s oil production heightened geopolitical risk between the U.S. and Iran.
Key points
- Key points:
- Sovereign bonds rose as market risk sentiment worsened.
- The pound retreated.
- Chinese economic data fell short of expectations.
Geographies
- Geography Tags
- Global
Topics
- Topic Tags
- Financial Markets
Authors
Vitor Sun Zou
Documents and files
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