G20 boosts optimism – appetite for risk bounces back!
April 6, 2009 by
Filed under Daily Alerts
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Asian equities traded higher this morning as global sentiment improved post G20 summit. The USDJPY traded through 100.00 to 100.18 to post a 5-month high, however these levels were unsustainable and the heightened volatility through Asian session brought the pair back down to the 99.50 vicinity. Gold weakened considerably yesterday as the G20 deliberated, boosting risk appetite – pulling… | ||||||||||||||||||||
G20 boosts optimism – appetite for risk bounces back!
April 5, 2009 by
Filed under News
Market Brief Asian equities traded higher this morning as global sentiment improved post G20 summit. The USDJPY traded through 100.00 to 100.18 to post a 5-month high, however these levels were unsustainable and the heightened volatility through Asian session brought the pair back down to the 99.50 vicinity. Gold weakened considerably yesterday as the G20 deliberated, boosting risk appetite – pulling investors out of the safe-haven trades. The G20 agreed to provide $1.1Trillion to the IMF to
