Seems that we need to wait for the further escalation in the middle east this week… I would play defensive for now.. wait for clear sign and then get into position again…
chasing gold now is also a bit dangerous imho..
KD_Hub on
STI tanks 2%+ on ME chaos – SIA craters 7% as Gulf hubs (DXB/AUH/DOH) shut third day, fuel spikes crush carriers. Gold rips 1.75% to $5299/oz safe-haven bid, USD strength piles on risk-off flows.
Banks (DBS/OCBC/UOB) bleed 1.5-2% correlation drag – energy names buck if oil holds. Airline bloodbath or gold longs?
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Seems that we need to wait for the further escalation in the middle east this week… I would play defensive for now.. wait for clear sign and then get into position again…
chasing gold now is also a bit dangerous imho..
STI tanks 2%+ on ME chaos – SIA craters 7% as Gulf hubs (DXB/AUH/DOH) shut third day, fuel spikes crush carriers. Gold rips 1.75% to $5299/oz safe-haven bid, USD strength piles on risk-off flows.
Banks (DBS/OCBC/UOB) bleed 1.5-2% correlation drag – energy names buck if oil holds. Airline bloodbath or gold longs?
Believe it or not, calls
lol sweet