W18 Market Observation for the Morning of August 14 (w18notes.com)
Prices show pockets of risk appetite, while regime weakness remains in US and European equities and real estate, as well as crypto assets. Japan and emerging markets look relatively resilient, but the...
US and Japan equities remain firm, but Europe, credit, real estate and crypto do not confirm broad risk-on. Bonds and gold still carry a defensive tone.
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