Risk gauntlet tightens grip on markets

Advertisement

The US dollar weak again overnight. Other majors rebounded except yuan:

tvc_2b81ace2818044f7009d416ed9d49e5c

Commodity currencies mostly fell anyway. But not Aussie which is currently the king:

tvc_2caf9620ba249c2e4bae998b92427701
Advertisement

Gold eased:

tvc_433add07bb06b14eb162b23b093d8b34

The full text of this article is available to MacroBusiness subscribers

$1 for your first month, then:
Cancel at any time through our billing provider, Stripe
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.
Advertisement