Saxo Bank: Romanian investors are cautious, many consider this period as the calm before the storm

Romanian investors are cautious, many consider this period as the calm before the storm, and the gold, the blue-chip shares and the state bonds remain the most used instruments, Laurentiu Nedelcu, Central & Eastern Europe Region Manager at Saxo Bank stated in a press release sent on Thursday.

According to him, cryptic-coins have also become attractive to Romanians. 

"This topic has lately crossed the barrier from something very exotic and seen as very risky to something in high demand by Romanians, in particular, and by investors, in general," the Saxo Bank official further said. 

According to the release, North Korea brings the greatest short-term risk to own global equity, despite the discrete reaction across all asset classes. The majority opinion is that no major intervention will take place in North Korea. 

"But if this happens, a more defensive exposure of own equity would be a prudent strategy to mitigate risk," the quoted source said.

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