Saudi credit default swaps soar

Source: Dukascopy Bank SA
On Monday, the costs to insure against a Saudi Arabian sovereign debt default surged by a sixth. The event spilled over to other Middle East markets.
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Mon, 06 Jan 2020 11:48:00 GMT

Safe-haven currencies surge

On Monday, as the tensions in the Middle East increased, demand for safe-haven currencies increased. The Yen and the Swiss Franc surged in value.

Mon, 06 Jan 2020 09:49:46 GMT

Safe heaven currencies rise in value

The value of Japanese Yen, Swiss Franc and other safe currencies by Monday morning increased up to 1% amid a rapid escalation of tensions between the US and Iran.

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