News of a possible North Korean nuclear test and lingering concerns over China is keeping trading desks busy this Wednesday. Global equities again see red, sovereign yields continue to fall while the dollar strength holds it’s strong pace approaching the FOMC meeting minutes later this afternoon.
Geopolitical concerns have investors shredding riskier assets: North Korea has announced it has conducted a “successful nuclear hydrogen bomb test, vowing to use its new capability for defensive purposes and to act responsibly…
U.S Dollar Dominates Safe Haven Play
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