Market Comment | Markets stabilise post turbulence as Trump keeps deal hopes alive

Risk-off mood abated somewhat as markets remain hopeful that US and China would eventually resolve their trade differences.

Key points

• Key points:
• Safe-haven bond yields were steady, while the JPY slightly depreciated and equity indices inched up.
• EM FX slightly appreciated across the board, helped by some stability in the RMB.
• Italy’s risk premium widened further, but without spillover to Spain or Portugal. EM bond yields eased as well.

Authors

Geographies

Topics

Tags