Market Comment | Gloomy Eurozone outlook weighed on European equities
Published on Tuesday, July 30, 2019
Market Comment | Gloomy Eurozone outlook weighed on European equities
Disappointing economic data in the eurozone, along with lower expectations of China-U.S. agreement dragged equity markets. Meanwhile, bond markets await for tomorrow’s Fed monetary decision.
Key points
- Key points:
- GBP extended its depreciaiton trend due to mounting fears over no-deal Brexit on October 31.
- Eurozone economic sentiment decreased, while France 2Q19 GDP fell short of expectations.
- European equity markets declined sharply.
Documents to download
Geographies
- Geography Tags
- Global
Topics
- Topic Tags
- Financial Markets
Tags
- Tags
- financial markets