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Why I'm looking to short DAX: Van-Petersen
According to global macro strategist Kay Van-Petersen the divergence cannot go on for that much longer. And given low volatility, Van-Petersen suggests that it may be worth picking up some year-end DAX put options at the 11,000 levels to start building a position.
Van-Petersen also looks at how other assets from USD to oil to metals may perform this week where there will be a lot of focus on inflation data and minutes from central banks including the FOMC, ECB and RBA.
02:32 minutes
Tags: aussie dollar, dax, equities, fomc minutes, kay van-petersen, kiwi dollar, metals, options, puts, rba, saxobank.com, saxotradergo, tradingfloor.com
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