Foreign Exchange Insights and Next Week
Risk Aversion, Risk Aversion, and Risk Aversion
September 2, 2011
The risk averse pit into which world financial markets fell some four years ago keeps getting deeper and wider. Bonds, especially Treasury securities, have benefited paradoxically since excessive sovereign debt is one of the chief sources of concern. Safe haven demand has supported the dollar at times but not sheltered it from some large losses. […] More
New Overnight Developments Abroad - Daily Update
Fresh Blast of Risk Aversion
September 2, 2011
At 13:50 GMT, U.S. share prices were down 1.6-1.7%. Earlier trading overnight saw equities fall by 1.2% in Japan, 1.8% in Hong Kong, 1.5% in Australia, 1.1% in China and 0.9% in New Zealand. Europe has seen the most damage, with the German Dax and Paris Cac suffering losses so far of 3.5% and the […] More
