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Capital has continued to exit risk markets and move toward defensive havens. Stock markets around the world have extended yesterday’s downward momentum from North America with the Nikkei sliding 1.7%, the Hang Seng losing 1.3%, the Dax dropping 0.7% and
US investors return from their holiday weekend to find the greenback soaring as capital continues to flee other countries and seek haven stateside. The Euro is down 1.3% this morning, trading at a 20-year low near 1.0250 with par not
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