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JP Morgan: Beef up risk positions and unwind hedges - Bloomberg

Fed's decisive dovish shift has raised prospects of 2019 being an asset-reflation year, JPMorgan strategists led by London-based Nikolaos Panigirtzoglou wrote in the Feb. 6 note, according to Bloomberg. 

The investment bank, therefore, recommends rotating money out of gold and other safe-haven assets and into industrial metals. The strategists also China-sensitive US stocks performing well, as lagged effects from the previous stimulus combined with new stimulus measures will make China look better than last year. 

AUD/USD dips below 0.71 as Australia consumer anxiety hits 3-year high

The bearish pressure around the Aussie dollar is strengthening as National Bank of Australia 's (NAB) survey released earlier today validated Reserve
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Ex-Fed Chair Yellen: Rate cuts, hikes both possible - WSJ

Former Federal Reserve Chairwoman Janet Yellen said that she lacks clarity on what the next Fed move on rates will be, in an interview with CNBC on We
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