Ed Moya – Weakness Continues To Start The Week, Is It all About China?
Ed Moya, Senior Market Analyst at OANDA joins us to discuss the continued weakness in markets and commodities. With China sticking to it’s zero-Covid policy Ed thinks this is the biggest factor weighing on markets. The issue is there doesn’t seem to be any sector outside of the US Dollar and US bonds (short term) in positive territory. Even the safe assets, especially gold are getting hammered. Commodities broadly are getting hit as well.