Global Safe-Haven Index Relative To Global Equities - Lifting At The Lows | Our custom safe-haven basket has shown signs of reversal as it trades near 7-month lows with a technical bullish RSI divergence guiding the view that it's time for safe-havens to shine once again. I believe this chart is key as you may recall sentiment late on Thursday afternoon, via the CNN fear and green index sitting at a reading of 96 which showed extreme bullish news. The combination of hightended sentiment and a grey swan even (Middle East) combined with elevated equity markets may is bound to see safe-havens being bid. For those that are not aware, our basket is made up as follows.
As far as Copper is concerned, this is our current outlook:

I don't think GOLD is a safe haven now
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