Market Comment | Stocks rebound amid lower trade tension
Published on Monday, August 26, 2019
Market Comment | Stocks rebound amid lower trade tension
Equities rebounded in Europe and in the U.S. from Friday’s sell-off with a possible resumption of trade talks after the imposition of new tariffs.
Key points
- Key points:
- European sovereign bonds slipped, while the U.S. Treasury bonds edged up with a flat 10-2Y yield curve.
- The DXY index strengthened.
- Offshore Chinese yuan reached its record low.
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