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Published on Tuesday, May 7, 2019

Market Comment | Escalating trade tensions weigh on markets

Caution prevailed across financial markets, as US-China trade tensions ratcheted up further today. The slight downward revision in Eurozone growth forecast by European commission did not help either. Safe-haven bonds continued to attract fresh demand, while equity markets declined.

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MC_070519 English May 7, 2019
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Authors

Cristina VarelaBBVA Research - Principal Economist
Sumedh DeorukhkarBBVA Research - Senior Economist

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Global

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Financial Markets

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