Instant View: World markets rally as Trump postpones military strikes on Iranian power plants [Yahoo! Finance Canada]
SOCIETE GENL FRNCE S/ADR (SCGLY)
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Source: Yahoo! Finance Canada
The dollar plunged and stock and bond prices surged ?following the news. KENNETH BROUX, HEAD OF CORPORATE RESEARCH FX AND RATES, SOCIETE GENERALE, LONDON: "This confirms what the head from the IAEA has been saying over the weekend, that discussions were taking place between both sides. "So, the ?question is does he (Trump) ?drop the deadline of 00:45 CET to re-open the Strait of Hormuz?" "Buy the front end in bonds!" CHRIS BEAUCHAMP, ?CHIEF MARKET ANALYST, IG MARKETS, UK: "This is obviously a postponement, not a complete cease-fire and we will see what happens from here." "What's done is ?still not ?undone, so the impact has yet ?to be seen. But obviously ?markets are breathing a sigh of relief on these news." ELIAS HADDAD, GLOBAL HEAD OF MARKETS STRATEGY, BROWN BROTHERS HARRIMAN, LONDON "It's clearly jaw boning in the face of the meltdown that we've seen. We're seeing a bit of a knee-jerk reaction to this positive news. If it's ?a legitimate de-escalation, we could
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