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LGT Navigator: Equity bulls hold their ground

May 11, 2018

Thanks to positive closings on Wall Street, Asian stock markets traded also on a friendly note at the end of the week, and despite uncertainties (Iran, trade conflict, inflation) stock bulls seem to prevail at the moment. Oil prices in New York climbed to their highest level since November 2014 against the backdrop of tension in the Middle East, while US Treasury yields, which were still above 3% the previous day, fell slightly.

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