Market Comment | Economic data overshadowed geopolitical tensions this week

Early this week, geopolitical tensions rekindled after North Korea launched a missile that flew over Japan (see). Investors reacted showing higher risk aversion, as safe-haven assets (gold, JPY, CHF and safer bonds) rose across the board, while risk asset prices declined significantly. Later this week, a number of positive economic data underpinned a more optimistic […]

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