Gold Is the Hedge Against Negative Trade Outcome, Says Axitrader’s Innes

The video discusses the ongoing trade negotiations between the US and China, highlighting the market's optimism despite negative economic data. It suggests maintaining equity positions while considering defensive strategies like gold. The resilience of the Chinese yuan and emerging market currencies is analyzed, with a focus on trade war optimism. Hedging strategies, particularly involving gold, are recommended to mitigate risks associated with potential trade negotiation setbacks.

What are the expectations regarding the economic data from the US and China?

What is the base case scenario for the market according to the speaker?

How does the speaker suggest positioning in the market amidst trade war optimism?

What role does gold play in the current market strategy discussed?

What percentage of the portfolio does the speaker recommend to be in gold?