Ostwald: Low Returns in Havens, Focus on Yen Volatility Instead

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Bloomberg Daybreak Europe

Business


Investors should focus on volatility in dollar-yen and in emerging markets as majors like euro-dollar remain steady, says Marc Ostwald, global strategist and chief economist at ADM Investor Services. He told Daybreak Europe's Nejra Cehic that while sovereigns like bunds offer little to no returns, the current market backdrop means investors should hesitate before charging into equities and corporate debt.