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    Market Comment| Risk-on mood returned amid positive economic data and trade hopes

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    Published on Friday, April 5, 2019

    Market Comment| Risk-on mood returned amid positive economic data and trade hopes

    Summary

    Risk-on mood returned to the markets this week amid positive surprises in the US and China PMIs, rising hopes for a near term US-China trade deal and the declining probability for no-deal Brexit, which together offset a cautious view from the IMF on the growth outlook.

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    Authors

    Maria Victoria Ramírez
    Sumedh Deorukhkar BBVA Research - Senior Economist

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    MC_05042019

    English - April 5, 2019

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