Breaking down Citi's trades; Short oil, buy dollar vs. euro, buy US stocks

  • 📰 Investingcom
  • ⏱ Reading Time:
  • 19 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 53%

Ireland News News

Ireland Ireland Latest News,Ireland Ireland Headlines

Breaking down Citi's trades; Short oil, buy dollar vs. euro, buy US stocks

Citi analysts released their latest asset allocation strategy note on Friday, highlighting several key trades that reflect a cautious yet opportunistic stance amid ongoing economic uncertainty.

This shift is said to have led to increased caution in the equity markets, with Citi maintaining a neutral stance overall but showing a preference for U.S. equities over European counterparts. On the other hand, the long position in precious metals is expected to benefit from a more dovish Federal Reserve and increased gold purchases by the Chinese central bank.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 450. in İE
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Ireland Ireland Latest News, Ireland Ireland Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Investors de-risking both long and short bets as Fed, tech earnings loom- CitiInvestors de-risking both long and short bets as Fed, tech earnings loom- Citi
Source: Investingcom - 🏆 450. / 53 Read more »