Market Comment | Caution ahead of an eventful week

Summary

Markets started the week on a cautious note ahead of the FOMC meeting and relevant activity and inflation data of main economic areas. Regarding US-China trade talks, expectations for any breakthrough are low.

Key points

• Key points:
• Investors will watch closely the FOMC’s rate decision on Wednesday
• Yield on 10Y gilts declined as fears of a no-deal Brexit increase
• The GBP weakened significantly to its lowest level since March 2017

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