Global growth concerns and the prospect of “higher for longer” global interest rates got traders selling the comdolls and buying safe haven currencies this week.
USD the most gains, helped along with higher bond yields from the U.S.,…
Article by IG Chief Market Analyst Chris BeauchampFTSE 100, DAX 40, Nasdaq 100, Prices, Analysis and ChartsFTSE 100 claws its way back from Thursday lowsThursday witnessed an impressive recovery from the lows of the session for the…
Just when we thought that a brand spankin’ new trading month would bring more asset-buying, high interest rate and global growth jitters dragged “risky” assets lower this week.
That also meant that safe havens like USD and JPY dominated…
Oil Prices, Charts, and AnalysisOil bolstered by Saudi Arabia, Russia output cutsOPEC+ meeting and US Jobs Report later.
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It was a mixed week for our strategies as we took on a risk-on bias on the high probability we’d see further signs of a peak in the global rate hike cycle.
But broad risk sentiment was net negative this week, and it wasn’t until we…