'Short' Dollar-Yen, 'Long' Gold, IG's Pan Says

The video discusses market positions, focusing on the US-China trade tensions and their impact on the yen and dollar. It highlights the range-bound trading of the Dollar-Yen since 2017 and the potential for yen buying due to trade tensions. The video also covers gold investment strategies, emphasizing the safe haven aspect of gold amidst global trade pressures and economic data weakening. The discussion suggests a strengthening of both the US dollar and gold prices as a hedge against market uncertainties.

Discuss the implications of the US's stance on its trading partners as mentioned in the text.

What does the speaker mean by a 'new normal' in US trade relations?