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MSCI ACWI Gains for 9th Straight Day on Hopes for US-Iran Ceasefire, Nearing All-time High
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The US and Iran planned to continue negotiations, and the market is anticipating an end to the US-Iran war, keeping oil prices below US$100 per barrel. The MSCI All-Country World Index inched up 0.1%, approaching its historical high, and is poised to record gains for 9 consecutive trading days. Meanwhile, the US Dollar Index (USDX) hovered near a six-week low after falling for 7 consecutive trading days, almost erasing all gains recorded since the start of the Middle East war on 28 February. Auto-translated by AI AASTOCKS Financial News |
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