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Nervy markets flip risk-averse switch on

Drama in Iran restores favour for safe havens and crude oil, but some analysts think the new hotspot is only a temporary blip

LAST year may have ended positively on optimism over a global economic recovery, but investors have since tossed the euphoria aside, with confidence in markets having been shaken since last Friday on rising US-Iran tensions.

CMC Markets market analyst Margaret Yang said: "As a result of...

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