Havens Hold Steady as Stock-Market Swings Continue - News Summed Up

Havens Hold Steady as Stock-Market Swings Continue


Investors seeking shelter during the most recent bout of stock-market volatility have favored traditional havens like the Japanese yen and Swiss franc but remained cooler toward the dollar, a sign that some are growing more cautious on the U.S. economy. The Japanese yen outperformed other investments generally perceived as safe since May 3, the trading day preceding a series of tweets by President Trump that stoked doubts about an imminent resolution to the U.S.-China trade conflict. Treasurys also rose, while gold climbed...


Source: Wall Street Journal May 19, 2019 10:52 UTC



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