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Haven assets gain traction after North Korea tested a hydrogen bomb

On Sunday North Korea tested a nuclear bomb. It provoked Asian stocks fall while gold, sovereign bonds and the yen all edged higher. The biggest declines were seen in #Japan and South Korea. The Nikkei slipped 0.9 percent while the MSCI dipped 0.4 percent.
The greenback dropped to 0.9610 to the Swiss francs in the early trading and the dollar index was at 92.675, a 0.15% decline. The precious metal, hit a 10-month high and was last up 0.6 percent and the euro was steady with investors wary ahead of a European Central Bank meeting on Thursday.
To be aware of another economy news, find it right now on site! goo.gl/5CpG6k

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Fundamental Analysis 28 June 2017

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Oil Prices jumped after Saudi Arabia pledged to cut exports while the dollar remained on the defensive

Do you know the main reasons for the dollar depreciation? Why crude oil price grew again?  The MSCI edged up with few percentage points, less than 0.1 percent and Japan’s NIKKEI slipped 0.1 percent. Both Australian stocks and Hang Seng Index slightly advanced with 0.8 percent and 0.5 percent respectively. Read more about world economy state right now! goo.gl/TW7mdk

Markets brace for FED interest rate decision

Record highs of the S&p500 and DJIA in the USA, ASX 200 grew on 0.8%, and Nikkei 225- on 0.2%. Commodities demonstrate stability – crude oil is looking heavy as bears hug the $46 mark ahead of the Crud inventory data out of the USA and gold managed a move higher. The biggest mover today will come from the USA – we are waiting for the Federal Funds Rate which is expected to be increased to 1.25%. Find more details here goo.gl/EQxdRE