Focus on the BOJ, Fed, and China’s Politburo with markets at the crossroads
应用介绍
The great unwind in markets continued last week, with risk-off globally leading to
sharp correction in equity markets and sell-off in industrial metals, together with
somewhat lower bond yields. The moves in FX have been mixed across pairs with
carry trade unwinds a dominant theme. The most violent was certainly USDJPY,
which has dropped close to 10 big figures since its peak at 162 now down closer
to the 153 handle. Higher beta currencies such as AUD have underperformed due
to the risk-off sentiment.
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