HONG KONG, April 15 (Reuters) – Investors jostled for position on Tuesday as stockmarkets braced for a slew of earnings from U.S. banks, with some heading for the refuge of bonds and gold and others betting that the worst is already priced in. Oil prices hit a record high, helped by a weak dollar, which has given up gains made on supportive remarks from the Group of Seven nations at the weekend. The dollar dithered in a narrow range in cautious Asian trade, standing at 101.23 yen by 0410 GMT, while the euro traded at $1.583, barely changed from Monday’s close.
(Source:Yahoo News)
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