Risk is back on dragging Aussie higher while gold goes along for the ride

It’s only my view of course but the data is deteriorating and it’s not just the weather I reckon. Indeed one of my Colleagues , Steve Perlberg from BI US has a great Goldman Sachs chart that suggests it might be more than that – you can see it here. So to me it makes no sense that stocks are higher…

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Risk is back on dragging Aussie higher while gold goes along for the ride