Commodities Weekly: Gold saved by dollar’s retracement

Overall, the first salvos in the US-China trade war has undermined confidence in the metals space, with traditional safe-haven assets struggling for traction as other havens offer better returns. The energy sector has been driven higher by supply concerns, while the agricultural sector remains broadly under pressure. Precious metals Gold had been at the mercy…


Risk-off mode pauses for breath in Asia

US Treasuries benefit from safe haven flows The escalating trade war between the two economic superpowers, US and China, continues to weigh on investor sentiment. Safe haven flows from both equities and currencies are targeting longer-dated US Treasuries, pushing the 10-year US yield below 2.90% for the first time this month. As Treasuries benefit, so…