Not understand?better not follow my analyses!doubt clearer first, risks ++
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Improvement in risk appetite as markets settle and gold retracement continues
An apparent significant de-escalation in the immediate geopolitical risk has reversed the flow out of safe haven assets again. Iran’s foreign minister is suggesting that its response to the Soleimani killing has been “concluded”. US President Trump has also struck very much of a reserved tone too. The hyperbolic threat of World War III has been averted. Both sides can “stand down” with face saving positions. The primary move has been out of Treasuries, gold and the yen; with flow back into the Chinese yuan (at a five month high versus the dollar), US dollar and equities. The intraday swing back lower on oil ... (full story)