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Published on Wednesday, May 17, 2017

Market Comment | Significant risk-off sentiment amid increasing US political uncertainty

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Summary

Financial markets showed a signal risk-off sentiment after bombshell revelations about a memo apparently written by the recently dismissed FBI Director (see) added more uncertainty in US politics, and fuelled concerns about further delays in US reflationary policies. VIX rocketed from its recent subdued level, stock prices dropped sharply across the board – especially in […]