Despite the human tragedy, history suggests financial markets will move on very quickly
Despite the human tragedy, history suggests financial markets will move on very quickly. Continued unrest in Ukraine, Israel and related areas will further put pressure on Euro outlook and ECB will have to step up sooner than later. Aussie market has not been running up recently with US due to Financial Sector Inquiry's ASADA type update. Expect profit taking in spot gold in the short term after the big move. Remaining positive on the market in the short and long term.
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