Risk-Seeking Behavior Evident Everywhere – RBC CapitalGuest Post
Risk-Seeking Behavior Evident Everywhere by Charlie McElligott, RBC Capital
OVERNIGHT: All’s well, with risk-seeking behavior evident everywhere: Overseas, we see Brent crude reclaims its 200dma, Asian EM shows a number of equities markets breaking-out to YTD highs + (Kospi, Hang Seng, Nifty, SE Thai, with Jakarta Comp / Indonesia near all-time highs), DAX bouncing off 200dma and making a new YTD high as we speak, while FX momentum factor continues working, as evidenced by the DB G10 FX Carry Basket +1.4% since the start of August. And it goes without . . .
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