Market Comment | Moderate optimism prevails. ECB and Fed previews
Published on Tuesday, December 10, 2019 | Updated on Wednesday, December 11, 2019
Market Comment | Moderate optimism prevails. ECB and Fed previews
Summary
Slightly risk-on mood tone prevails in financial markets despite the positive economic data from the US and Europe, as trade deal uncertainty increases with the delay of December 15 tariff threat.
Key points
- Key points:
- Sunday's tariffs may be averted.
- Economic data were generally positive in Europe and the US but disappointed in China.
- Safe-haven yield inched up, while equity markets remained steady.
Geographies
- Geography Tags
- Global
Topics
- Topic Tags
- Financial Markets
Authors
Cristina Varela
BBVA Research - Principal Economist
María Sánchez Carvajal
Boyd Nash-Stacey
Documents and files
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