Risk Aversion Eased But Cannot Last Long The markets were blessed by easing concerns over geo political tensions for most of last week. DIJA once reached as high as 16775.27 comparing to this month's low of 16333.78. S&P 500 also reached as high as 1964.04 comparing to this month's low of 1904.78. Stocks tumbled sharply on Friday on news that Ukraine troops has partially destroyed a military convoy that entered from Russia. But overall, the equities ended the week higher. However, the return of risk appetite looked a bit unreal after considering the developments in other markets. That include the sharp fall in US treasury yields and the strength in Swiss Franc. Overall, in the markets, Canadian dollar was the strongest currency last week and was boosted after Canada corrected the July employment data. Other commodity currencies were firm following the rebound in stocks. Sterling was the weakest one as pressured additionally by dovish BoE inflation report. Full Report Here... | 
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