Market Comment | Risk of an imminent hard Brexit wanes
Published on Monday, October 21, 2019
Market Comment | Risk of an imminent hard Brexit wanes
Summary
The UK request for a Brexit extension, which eased the risk of a no-deal-Brexit, and positive prospects of a limited trade deal kept market’s risk appetite alive.
Key points
- Key points:
- Sovereign bond yields inched up across the board.
- The pound swung to a near five-month high
- Equities slightly increased with financials leading the gains.
Geographies
- Geography Tags
- Global
Topics
- Topic Tags
- Financial Markets
Authors
Vitor Sun Zou
Cristina Varela
BBVA Research - Principal Economist
María Martínez
BBVA Research - Principal Economist
Documents and files
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