Welcome to Davos [Video]
|Markets are shaken by a potent mix of geopolitics and bond market stress. Rising tensions between the US and Europe over Greenland collide with a sharp selloff in Japanese government bonds, sending shockwaves across global assets. Yields rise, volatility returns and investors are forced to rethink what still qualifies as a safe haven.
The Greenland discussions will be in focus today, as US President Donald Trump heads to Davos. The only certainly is uncertainty. And you can feel the stress by looking at gold price – at a fresh record high above $4870 per ounce!
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