Market Watcher: Risk, risk everywhere
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Kea Nonyana of Prime XBT unpacks how the US-Iran peace talks as well as US
inflation announcement added to the negative market sentiment. He explained how
markets characterised the broad sell-offs on industrial and resources. Gold is moving
with broader risk assets and depreciating. He unpacks Asia Pacific markets that have
had record highs in recent days despite the inflation rate concerns and the impact of
a weaker yen in the region. The British pound has been resilient until this week
where political uncertainty with Keir Starmer has weakened its outlook and Nonyana
suggests that Starmer may not finish the year in office.
inflation announcement added to the negative market sentiment. He explained how
markets characterised the broad sell-offs on industrial and resources. Gold is moving
with broader risk assets and depreciating. He unpacks Asia Pacific markets that have
had record highs in recent days despite the inflation rate concerns and the impact of
a weaker yen in the region. The British pound has been resilient until this week
where political uncertainty with Keir Starmer has weakened its outlook and Nonyana
suggests that Starmer may not finish the year in office.
