Market Comment | The New Year starts with shy optimism
Published on Thursday, January 2, 2020
Market Comment | The New Year starts with shy optimism
Summary
Financial markets have started the new decade with optimism after US President Trump said phase one of the trade deal with China may be signed on January 15.
Key points
- Key points:
- Equity markets increased across the board.
- Sovereign bond yields showed early increases, despite ending the session declining.
- FX market were mixed. USD and JPY appreciated while European currencies declined.
Geographies
- Geography Tags
- Global
Topics
- Topic Tags
- Financial Markets
Authors
Cristina Varela
BBVA Research - Principal Economist
María Sánchez Carvajal