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    Market Comment | Escalating trade tensions weigh on markets

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    Published on Tuesday, May 7, 2019

    Market Comment | Escalating trade tensions weigh on markets

    Summary

    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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    Cristina Varela BBVA Research - Principal Economist
    Sumedh Deorukhkar BBVA Research - Senior Economist

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    MC_070519

    English - May 7, 2019

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