Market Comment | Financial markets find support in Central banks

Summary

Equity markets increased while bond yields remained broadly steady as several central banks signalled a potential easing if needed, after the Fed cut interest rate by 25bps p to 1.75-2.0%, as expected.

Key points

• Key points:
• Central banks hinted potential easing actions
• OECD cut its world economic growth outlook below 3%
• Equity volatility remained well contained

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