This translation has been automatically generated and has not been verified for accuracy.World stocks set new record highs on Friday and the prices of safe-haven assets such as gold pulled back as investors cheered an apparent de-escalation in U.S.-Iran tensions and looked instead to prospects of improved global growth.
That followed record levels in the three major share indexes on Wall Street on Thursday. Stock markets have got off to a strong start in 2019 despite U.S. President Donald Trump’s decision to kill military commander Qassem Soleimani, the second most powerful figure in Iran, in a missile strike in Baghdad.
Investors digested the report as a prelude to the upcoming visit by China’s Vice Premier Liu He, head of the country’s negotiation team in Sino-U.S. trade talks, to Washington next week to sign a trade deal with the United States.MSCI’s emerging market currency index, although little changed on Friday, hit 1-1/2-year highs on Thursday in what is likely to be its sixth straight week of gains as it has also benefitted from three U.S. rate cuts last year.Gold eased 0.
Brent crude fell 0.3% $65.20 a barrel, and was heading for its first decline in six weeks, down almost 5%.
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