The yen and the US dollar have jostled for the role of safe harbour during this shock, however.
WITH no truly safe bets during a wild year for financial markets, there’s now a hunt to cover all eventualities and Japan’s yen could offer a peculiar twin role.
After a shocking start to the year, global equities are almost back to square one even though many economies are still only running at about 50% of pre-pandemic activity levels.
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