Searcher

Published on Friday, February 7, 2020

Market comment | Risk-on ebbs despite strong U.S. payrolls, amid 2019-nCov

This week risk-on mood returned to DM on upbeat U.S. data, a trade truce, expectations that the coronavirus will have a temporary impact and supported by signs of central banks’ easing. The upward trend in sovereign yield remained contained by the lack of inflation pressure.

Key points

  • Key points:
  • Rosy U.S. labor market, while disappointing industrial production data in Germany.
  • Sovereign bond yields recovered some ground this week, but caution prevailed.
  • Equity markets reached new record highs this week. VIX declined (by 4 points to 15).

Documents to download

Geographies

Topics

New comment

Be the first to add a comment.

Load more

You may also be interested in