Macro Morning

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Macro Afternoon

By Chris Becker 

The end of the trading year was marked by a lot of profit taking and squaring up as the month end and quarterly end triple witching saw major rebalances in equity portfolios, although Wall Street was largely immune from any downside volatility. Gold finished on a high while the USD came back ever so slightly, with the new start to the year most likely a continuation of the old as risk markets look forward to the mid-January signing of a trade deal between China and the US.

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