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Market Comment | Higher risk aversion in the wake of US presidential inauguration speech

Publicada el lunes, 23 enero 2017

Market Comment | Higher risk aversion in the wake of US presidential inauguration speech

Risk aversion increased across financial markets in the wake of Donald Trump’s inauguration speech in which he stressed his protectionist stance and repeated the proposal of a “border tax” (see). The major market sensitive events were the followings: The prices of perceived safe-haven assets increased significantly, such as gold, JPY and CHF as equity volatility […]

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