Market Comment | Economic data and Fed’s dovish tone dragged down core yields this week
Published on Friday, March 22, 2019 | Updated on Monday, March 25, 2019
Market Comment | Economic data and Fed’s dovish tone dragged down core yields this week
Summary
Financial markets ended the week in a pessimistic mood amid a pickup in global growth concerns after the release of poor confidence indicators in the US and EZ. Also, the Fed’s dovish tone in its March meeting, coupled with fears regarding US-China trade negotiations, were drivers for markets. The EU summit, which took place this week, was key for discussions on Brexit
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Authors
Maria Victoria Ramírez
Sumedh Deorukhkar
BBVA Research - Senior Economist
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