Financial Safe Havens Amid Middle East Conflict
Investors are debating which assets, such as dollar, bonds, or gold, offer the safest haven during the ongoing Middle East conflict, as traditional refuges show unpredictable behavior.
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Dollar, bonds, or gold — which is the safest haven to hold during the ongoing Middle East conflict?
Turmoil in the Middle East has sent investors scrambling for safety once more, reigniting a debate over which assets truly offer protection in times of stress. The choice is complicated, as traditional refuges behave unpredictably. Gold has swung sharply, and the dollar — which has been out of favour in the past year — has bounced back. Here’s a look at how some of the favourites stack up: Greenback passes a test The dollar has arguably performed the best among safe havens this week. The doll...
By none@none.com (Reuters)
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Dangote Petroleum Refinery & Petrochemicals reassures Nigerians of its unwavering commitment to serving as a stabilising force amid recent shocks in the international oil market. The conflict in the Middle East has led to the shutdown of some refineries and cut in refinery production across the world. This is leading to a global scarcity of […] The post Dangote Refinery reaffirms commitment to national energy stability amid global market volatility appeared first on Vanguard News.
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