Dec. 22 at 5:58 AM
PickAlpha Weekend:
Asian equities rose as Friday’s US stock rally carried into year-end positioning – MSCI Asia Pacific was up as much as 1.1%, led by tech, with US futures higher. Safe-havens and commodities also moved: gold and silver hit record highs, while Brent climbed toward
$61 amid heightened geopolitical tension after the US intensified pressure on Venezuela.
Tickers:
$AAXJ $GLD
Here’s what matters: The market is trading one variable – does the “soft landing + year-end chase” narrative stay intact despite geopolitics. If risk stays bid, Asia tech and US beta keep grinding higher while gold holds mainly on rate-cut expectations. If geopolitics forces a de-risk, the first clean tells are gold up / oil risk premium wider, with equities following.