Market Comment | Thin volume ahead of the Christmas Break
Published on Monday, December 23, 2019
Market Comment | Thin volume ahead of the Christmas Break
Summary
Financial markets were broadly steady, although some caution still lingers amid thin liquidity as the year-end approaches.
Key points
- Key points:
- Sovereign bond yields were unchanged, except for Italy.
- G10 currencies appreciated in general, but the DXY index trimmed early gains on weak US data.
- US stock markets inched up on trade optimism. The S&P 500 rose by 28.7% year-to-date.
Geographies
- Geography Tags
- Global
Topics
- Topic Tags
- Financial Markets
Authors
Vitor Sun Zou
Cristina Varela
BBVA Research - Principal Economist
María Sánchez Carvajal
Documents and files
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