FxWirePro- Gold Daily Outlook 
FxWirePro- Gold Daily Outlook 
FxWirePro- Gold Daily Outlook 
Nervos network- Multi-layered blockchain 
FxWirePro-Gold Daily Outlook 
UK smoking ban would have many benefits for public health – but only if it’s effectively implemented 
How Anzac deaths changed the way we mourn to this day 
FxWirePro- Gold Daily Outlook 
Family farms are fast disappearing: our research shows how young generations can take them up successfully 
How breakdancing became the latest Olympic sport 
From the coast to the deep sea, changing oxygen levels affect marine life in different ways 
Increased buy-in to the carry thesis. The vast majority of US investors is bullish emerging market assets; with most participating in EM carry plays. Of note, previous holdouts who were uber-bearish EM and who have attempted repeatedly to bet on EM blow-up scenarios have recently capitulated to the prevailing favourable carry story.
EM favourites currently include Mexico, Russia, Poland, and Indonesia. Most investors expressed a preference for high-yielding markets over low-yielding markets.
Investor participation was limited in Turkey and South Africa, with most investors either sidelined or underweight in sovereign hard and local currency debt.
Persistence of disinflationary / low-inflationary processes. Most investors believe that reflationary dynamics may continue to be pushed out further and further, extending the favourable environment for the yield-hunt and for emerging market out-performance.
Trade highlights:
Bonds: Long SAGB 2048s, FX-unhedged
FX: Short SGDINR
FX: Stay long USDRUB via 3m call spreads, buy strike 59, and sell call strike 62 knock-in 65.
