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Can positive risk appetite maintain momentum into the new week?
Markets have taken another swing towards a more positive risk outlook. US earnings season always tends to be a driver for sentiment and the positive numbers from JP Morgan on Friday gave markets a boost into the weekend. The question is whether this move can be sustained. With the earnings boost coming after encouraging trade numbers from China, there has been a significant move out of the safe haven plays. This moves looks set to continue. Bond yields have shot higher in a move that is holding ground today. Given that this was a broad move across major bond markets, this has resulted in the US dollar feeling the ... (full story)