Market Comment | Hong Kong jeopardizes trade negotiations

Summary

Today’s session was quiet as US stock and bond markets remained closed due to the Thanksgiving holiday. Nonetheless, market risk sentiment worsened after the pro-democracy Hong Kong bills became law with the US President’s ratification.

Key points

• Key points:
• Sovereign bond markets were broadly steady, except for Italy.
• G10 currencies showed minor changes, while EM currencies remain under pressure.
• European stock markets edged lower.

Geographies

Topics

Tags