Manchester Attack Sees Asian Stocks Fall, Gold Firm

Jon War

The appalling attack in Manchester overnight in which over 22 people have been killed has led to a slight uptick in risk aversion in markets.
Investors are cautious after police said they were treating a bombing at a concert in the Manchester Arena as a ‘terrorist incident’.
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Asian stocks gave up gains after the attacks and European indices had a subdued start.
Gold rose in the aftermath of the attacks to three week highs prior to giving up some of the gains by mid morning trading.

This post was published at Gold Core on May 23, 2017.