01 June 2025
Posted in
sentix Weekly
Tariff chaos causes major investor irritation
The withdrawal of the US tariffs by a US court and the same-day revision by the next legal instance is causing irritation among investors and a continuing loss of confidence in US assets. This is particularly evident in currencies: the strategic bias in the USD/JPY currency pair has reached a 19-year low! Gold and silver remain sought after as escape vehicles, but will have to deal with weak seasonality in June.
Further results
- Bonds: US bonds as relative loser
- Precious metals: Positive setup, but weak seasonality
- Currencies: The greenback on the offside