Oils Slide with Asian Stocks as Safe-Haven assets Reach High

Oil Slide with Asian Stocks as Safe-Haven assets Reach High

The relentless spread of the coronavirus outside China boosted demand for safe-haven assets. And raised support for interest rate cuts from major central banks. As a result, palladium and scaled another all-time high on supply deficit worries. Both oil and Asian share markets dropped as investors reached for the safety of gold and bonds. While …

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