ADMISI’s Ostwald explains recovery in Euro & the disconnect in the markets

What stopped EUR/USD from dropping below 1.05? Was it due to markets buying Euro or selling USD? What drove the German 2-yr yield to record lows?

In an interview with Tip TV, Marc Ostwald, Strategist at ADMISI says the Euro’s recovery was partly aided by drop in French election uncertainty and partly due to markets questioning the ‘Trump trade’.

Ostwald also explains the disconnect - rising French government bond yields & lacklustre action in the iTraxx crossover index, a closely watched gauge of sentiment in the credit markets.

Are markets over worried about Le Pen victory? Listen to the full segment as Ostwald details the hunt for insurance.

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