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Markets nervous ahead of US presidential election

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The US presidential election will be the marquee event for the markets this week.

The US presidential election will be the marquee event for the markets this week.

PHOTO: AFP

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Despite a strong close on Friday on Wall Street, global markets are nervous with investors showing reluctance to take on new risks as the US election countdown begins. Adding to the uneasiness were reports that Iran is planning retaliatory strikes against Israel in the coming days.

Uninspiring earnings reports did little to boost confidence.

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