Market Comment | A dash of optimism on a limited trade deal
Published on Wednesday, October 9, 2019
Market Comment | A dash of optimism on a limited trade deal
China’s intention to conclude a partial deal improved the market risk sentiment as investors remain sensible to trade news, despite the recent escalation of trade tensions.
Key points
- Key points:
- Sovereign bond yields increased, especially in longer tenors.
- European and U.S. stock markets rebounded from yesterday’s fall.
- G10 currencies showed minor changes, while the Turkish lira led the losses.
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