Risk aversion seen as US, North Korean tensions escalate
- Gold, yen and Swiss franc benefit from safe haven flows;
- Will EIA data be the trigger for further gains in oil after API report large drawdown;
- U.S. productivity and labor costs of interest ahead of Friday’s inflation report.
We’re seeing significant risk aversion in the markets on Wednesday, with the escalation in tensions between the U.S. and North Korea triggering moves into safe haven assets.
First published here: Risk aversion seen as US, North Korean tensions escalate
