(Bloomberg) -- Demand for haven assets remained in abeyance as the trading week began in Asia with the US and its allies attempting to contain the Israel...
-- Demand for haven assets remained in abeyance as the trading week began in Asia with the US and its allies attempting to contain the Israel-Hamas war. The New Zealand dollar advanced after voters elected a new government.The prospect of wild price swings continued to dog investors though, after Friday’s surges in crude oil, gold and the Swiss franc vs the euro.
Other developments affecting exchange rates in early trading included weekend elections in New Zealand and Poland. The New Zealand dollar gained after the center-right National Party was elected for form a government, replacing the Labour Party’s. Poland’s zloty gained against the euro after an exit poll showed the pro-European Union opposition parties appeared likely to take a majority.
While broader gauges of market volatility remain subdued, the Swiss currency has surged to the highest in more than a year against the euro, and the US dollar advanced for a fourth week. Volatility in S&P 500 stocks has also increased. Plus, the US House of Representatives remains without a leader. Republicans have nominated Jim Jordan — who has been endorsed by former President Donald Trump — but he faces serious challenges to winning the speakership as more moderate lawmakers in the party worry about his hardline stances.
Quinn Mitchell, 15, became known for his pointed questioning of Ron DeSantis in June, which provoked an uncomfortable response from the governor.Israeli father said he punched the air with relief when he heard Hamas had killed 8-year-old daughter as the alternative would have been 'worse than death'
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