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Death Cross Adding Pressure

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Risk Off Prompts Safe Haven Demand

MNI, NEWS
MNI: Broader markets are seemingly breathing a sigh of relief after the U.S.
China trade spat didn't failed to escalate further over the weekend, with
Asia-Pacific equities broadly higher, as the major fixed income benchmarks edge
lower and the yuan firms.
- Gold has edged a touch higher alongside the softer greenback.
- It is also worth noting that the uptick in risk appetite has taken place
despite U.S. Secretary of State Mike Pompeo dismissing North Korea's accusation
of a "gangster-like mindset" in denuclearization talks, saying the two nations
had productive conversations that will continue in the days ahead.
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com