Scoreboard: Safer grounds

Global markets calmed as the UN reconfirmed its commitment to investigation before considering a Syrian strike.

It seems the market has recovered somewhat over the previous session’s Syrian concerns, although I only say somewhat, as crude is up a further 0.6 per cent ($109). It might be more accurate to say that concerns didn’t intensify. Crude was about the only hint that concerns are building though, as everywhere else price action looks to have decoupled a bit. So, for instance ‘safehaven’ flows into US treasuries unwound somewhat, the US 10-year yield rising about 6 bps to 2.77 per cent. Similarly, gold is down, although only smalls – a few bucks to $1417.


{{ twilioFailed ? 'SMS Code Failed to Send…' : 'SMS Code Sent…' }}

Hi {{ user.FirstName }}

Looks like you've already taken a free trial

Please enter your payment details

We have sent you a code via SMS to {{user.DayPhone}}

please enter this code below to activate your membership

We cannot send you a code via SMS to {{user.DayPhone}}

If you didn't receive SMS code please

SMS code cannot be sent due to: {{ twilioStatus }}

Please select one of the options below:

Looks you are already a member. Please enter your password to proceed

Please untick this box when using a public or shared device

Verify your mobile number to unlock a FREE trial

Please sign up for full access

Updating information

Please wait ...

  • Mastercard
  • Visa

The email address you entered is registered with InvestSMART.

Please login or select "Don't know password"

Please untick this box when using a public or shared device

Register as a new member

(using a different email)

Related Articles