Asian equities fell on Friday, leaving markets on track for their steepest weekly loss in almost five years as the protracted Middle East conflict and renewed Iranian strikes drove a broad retreat in risk assets. Oil edged lower at the open.
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Bloomberg
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Traditional safe havens — Treasuries, the yen, the Swiss franc, and gold — have offered investors no refuge this week.
Gold steadied after losing more than 1% in the previous session, pressured by a stronger US dollar as the war in the Middle East showed no signs of abating.
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The congressional committee investigating disgraced financier Jeffrey Epstein is seeking transcribed interviews with Microsoft Corp. co-founder Bill Gates and Apollo Global Management co-founder Leon Black. The billionaires were among seven people House Oversight Committee Chair James Comer summoned in letters sent Tuesday for the panel’s investigation. “Due to public reporting, documents released by the Department of Justice, and documents obtained by the Committee, the Committee believes you h