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    Published on Monday, June 10, 2019

    Investors take solace in US-Mexico deal

    Summary

    Global financial market sentiment improved after the US and Mexico struck a deal, avoiding new tariffs on Mexico. Safe-haven assets declined, while risky assets saw a relief rally.

    Key points

    • Key points:
    • The pickup in safe haven yields today lacked conviction, with bonds gaining back some favor
    • The Chinese trade balance increased significantly in May

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    Authors

    Vitor Sun Zou
    Cristina Varela BBVA Research - Principal Economist

    Documents and files

    Report (PDF)

    MC_100619.pdf

    English - June 10, 2019

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