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MT GLOBAL MARKETS Momentum Weekly Recap wk32 as of 09Aug19 - PFLUGPOST thread 1/n
• RiskOFF mode
• China allowed CNY to weaken
• safe haven rally bonds/gold/JPY
• creditspreads wider
• volatile stocks with some V-shaped intra-week rebound
• 10 further CB's cut rates!
• RiskOFF mode
• China allowed CNY to weaken
• safe haven rally bonds/gold/JPY
• creditspreads wider
• volatile stocks with some V-shaped intra-week rebound
• 10 further CB's cut rates!
2/n update Global Markets YTD as of wk32
3/n update Global Markets performance WoW, MoM, YTD, YoY as of wk32
