

End August: Buy The Dip
The current down in risk assets has been relatively tamed for now. We expect it to reach lows into late August, when a low point could be found. Provided Gold in USD doesn’t break out significantly above 1’300 USD/oz, Gold in Euros still seems to be in a downtrend signalling that medium term, a risk-on positioned remains the more likely scenario, Jean-Francois Owczarczak, Director, Management Joint Trust and FinGraphs.com. 4,452 views


Risk-OFF During August?
Equity markets have been lingering on at levels. The consolidation since early May in Europe is due to the strength of EUR/USD (in Dollar terms, European markets have continued to linger-on higher), while in for US Equity markets, the recent performance is entirely due to the Dollar’s weakness (in Euros, the S&P500 have been consolidating lower). In a way, Equity markets have been in a status quo for the last couple of months. May that change in August? Could we see a more ag