Market Comment | Hopes of a Brexit deal
Published on Tuesday, October 15, 2019 | Updated on Tuesday, October 15, 2019
Market Comment | Hopes of a Brexit deal
Risk-on mood emerged at the end of the session amid optimism over a Brexit deal and strong U.S. earnings, despite renewed concerns over global growth.
Key points
- Key points:
- The sterling soared with the EU and UK close to a Brexit draft deal.
- European and US equity indices and sovereign bond yields surged.
- Safe-haven assets weakened.
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