Market Comment | Trade optimism drives markets’ recovery
Published on Tuesday, August 21, 2018
Market Comment | Trade optimism drives markets’ recovery
Summary
Financial markets continued to recover moderately, ahead of trade talks between China and the US which will begin tomorrow. However, comments from US President Trump complaining about the Fed’s hawkish tone (see) and his accusations of currency manipulation made against China and the EU (see) weighed on the USD today. Against this backdrop, both […]
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BBVA Research
BBVA Research