Biggest beneficiary of waning Brexit fear is Europe. IFO today in Germany better than expected and overall sentiment still on defensive despite ECB ready to roll out more Euros.
Watch the chart in $DB which has to be ripping the heart out of shorts here.
Remove China currency fears ( recent statements of stability in exchange rate) and Brexit from DB and you have a stock which is still heavily shorted and risk to upside.
See how the Emerging Money Team is playing Emerging Markets today.
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