Markets plough through risk gauntlet

David Llewellyn-Smith

Tuesday, 25 October 2016

The global inflation trade continues to push into the Q4 risk gauntlet. The US dollar was firm:

Others weakish, JPY may be rolling:

Yet commodity currencies remained strong:

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About the author

David Llewellyn-Smith is Chief Strategist at the MB Fund and MB Super. David is the founding publisher and editor of MacroBusiness and was the founding publisher and global economy editor of The Diplomat, the Asia Pacific’s leading geo-politics and economics portal. He is also a former gold trader and economic commentator at The Sydney Morning Herald, The Age, the ABC and Business Spectator. He is the co-author of The Great Crash of 2008 with Ross Garnaut and was the editor of the second Garnaut Climate Change Review.