Special report: Stocks and Geopolitical Risk
If we look back, in recent years, time and again, any stories involving geopolitical risk, including terrorist activity in heavily populated western cities, have done nothing to deter investors from continuing to pile into stocks. What has been the cause of this immunity to such risk and will this continue to be the case?
Next 24 hours: FX Chops, Same Old Story for Stocks
More mixed trade in the FX on Wednesday, with the market taking in a solid US ADP employment report, though this was offset by a downward revision and softer ISM non-manufacturing. The market was also a little nervous ahead of the Fed Minutes and tomorrow's Trump-Xi meeting, not wanting to really commit one way or the other.