Daily Morning Call

From the Floor: XAU, JPY soar as Brexit/Trump loom large — #SaxoStrats

313 views
January 16, 2017 bonds, commodities, forex, from the floor, macro, ole hansen commodities, saxotrader, saxotradergo, tradingfloor.com
  • Hard Brexit fears fuel pound drop in Asia, risk-off dominates
  • SHCOMP loses 1.4%, brining it close to a test of downside support
  • Brexit, Trump uncertainty drives USDJPY to new lows
  • 'We could move much further down' in USDJPY before support: Hansen
  • Hedge funds raise bullish bets on gold 57% in week ending January 10
  • Oil prices giving room for US shale producers to increase output
  • Italian debt downgraded to BBB from A by DBRS: Boye