Tensions escalate in the Middle East after the killing of Iranian commander of Quds Force, Qasem Soleimani by the USA erased new year gains on Monday as investors pushed safe-haven gold to a seven-year high, and oil jumped to its highest since September.

Global Markets: Shares swept new year gains, gold, oil prices jumps on US and Iran trade threats

European shares rose on Monday as investors snapped up automaker stocks following confirmation of merger talks between Fiat Chrysler and Renault, and after European parliamentary elections saw pro-Europe parties cling to a majority.

European stocks gain on EU election relief and auto shares surge

Asian stocks ticked up on Tuesday, staying near a nine-month as hopes of stabilisation in the Chinese economy helped investors shrug off Wall Street's underperformance that followed disappointing bank earnings.

Global Markets: Asia stocks cling to nine-month high on China hopes, Wall Street dented by earnings

Brexit concerns are hitting the European markets with Swiss money manager GAM Holding hitting a 4.5 yearlow at 18 per cent

European shares set new three-month low, Swiss GAM drops 18%

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Global Markets: Shares swept new year gains, gold, oil prices jumps on US and Iran trade threats

European stocks gain on EU election relief and auto shares surge

Global Markets: Asia stocks cling to nine-month high on China hopes, Wall Street dented by earnings

European shares set new three-month low, Swiss GAM drops 18%