Risk Appetite Improved as Geopolitical Tensions Cooled

Market sentiment improved as the perceived threat of war between North Korea and the US cooled down. Better risk appetite was exemplified in the retreat in Swiss franc and Japanese yen, as well as a lift in risky assets. The franc pared most of the gains made over the past week, losing 0.7-0.8% against US dollar and the euro.

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Risk Appetite Improved as Geopolitical Tensions Cooled