On Thursday, with China’s coronavirus continuing to spread at its fastest pace outside China, shares continued to plunge downward wiping out more than $3 trillion in value in this week alone. U.S. Treasuries yields also hit their record lows on… Read More ›
safe haven
China’s Renminbi falls off cliff with escalating trade war
Investors are flocking to sage havens assets including gold, Swiss franc and Japanese yen. On Monday, investors flocked to safe haven assets following a sharp re-escalation in the U.S.-China trade war. With reacting to U.S. tariffs and imposing its own,… Read More ›
Deutsche Bank to place assets in safe-haven liquidities rather than cash: CFO
This minor change in asset holding strategy is likely to result in improved results, reduced risk tolerance, and at reduced costs. As part of a strategic decision to boost profitability, Deutsche Bank’s Chief Financial Officer stated, it plans on holding… Read More ›
Trade tensions keeping FX market in a boil
Investor appetite in commodity-linked currencies is thin midst the series of body blows from the U.S. that is acting as shock waves to global trade. On Monday, a rally in the Euro gave way to the dollar, which edged up,… Read More ›
The Japanese Yen and the Euro are rising against the USD following Pyongyang’s testing its nuclear device
Although North Korea’s move have seen many investors moving to Japanese assets, many investors worry that in the event of an actual war, these very assets may lose their shine. With North Korea raising the ante, gold, the Japanese yen,… Read More ›