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The prospect of further safe haven buying this week


Markets will continue to try and settle down as the volatility begins to subside after the momentous Brexit decision but there is still the prospect of further safe haven buying this week. With much uncertainty still present in the market there is still a potential for safe haven plays to outperform in this environment with the yen, gold and US Treasuries all performing well. Uncertainty over the policy response of cerntral banks is still present but if Mark Canry of teh Bank of England is anything to go by then could we be about to see another round of competitive devaluations?

The report looks into the outlook for forex markets, equities and commodities in the coming days.

gold higher

 


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Research Risk Warning

At Hantec Markets Ltd we provide an execution only service. Any opinions expressed by analyst Richard Perry should not be construed as investment advice or an investment recommendation. This report does not have regard to the specific investment objectives, financial situation and needs of any specific person who may receive it. Forex and CFDs are leveraged products which can result in losses greater than your initial deposit. Therefore you should only speculate with money that you can afford to lose. Please ensure you fully understand the risks involved, seeking independent advice if necessary prior to entering into such transactions.