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Insight - Investors stick to bets even as dollar and bonds slip
[Reuters] - The dollar's four-week decline and a slump in bond prices has upset some assumptions about where global financial markets are heading, but haven't deterred most investors from staying faithful to their bets. After the last four weeks, with the dollar sliding, oil rising above $50 a barrel and a rebound in inflation expectations, only the equities bet is left standing. "What we have really seen this month is a correction as opposed to a turn," said Mark Astley, chief executive officer at Millennium Global, a $14 billion currency specialist based in London.
Insight - Investors stick to bets even as dollar and bonds slip - Yahoo India Finance
[Reuters] - The dollar's four-week decline and a slump in bond prices has upset some assumptions about where global financial markets are heading, but haven't deterred most investors from staying faithful to their bets. After the last four weeks, with the dollar sliding, oil rising above $50 a barrel and a rebound in inflation expectations, only the equities bet is left standing. "What we have really seen this month is a correction as opposed to a turn," said Mark Astley, chief executive officer at Millennium Global, a $14 billion currency specialist based in London.
Insight - Investors stick to bets even as dollar and bonds slip - Yahoo India Finance
