It's been a classic risk-off day in Asia, with US treasuries moving down five basis points, stocks under pressure and good buying of USD, CHF and...

Chris Weston

Pepperstone

It's been a classic risk-off day in Asia, with US treasuries moving down five basis points, stocks under pressure and good buying of USD, CHF and JPY. Notably, the commodities complex has risen; with brent and gold finding buyers, although for very different reasons. EUR bulls will have mixed feelings today as higher brent prices feeds into increased European headline inflation (brent makes around 15% of the inflation basket), while EUR will find sellers given the risk-off moves seen in the market. With EUR/USD lower on the day, the risk-off theme seems to be getting the upper hand. - (VIEW LINK)


Chris Weston
Chris Weston
Head of Research
Pepperstone

Highly accomplished financial markets professional, with experience at a number of top-tier global institutions on both the buy and sell-side. A natural communicator with a strong ability to analyse macro-economic trends, capital flows and market...

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