Market Comment | Vigilant optimism ahead of tomorrow’s Thanksgiving
Published on Wednesday, November 27, 2019
Market Comment | Vigilant optimism ahead of tomorrow’s Thanksgiving
Market risk sentiment improved modestly amid positive trade headlines and strong US activity data.
Key points
- Key points:
- The yield on the 10Y US Treasury inched up on the back of the upward revision of US 3Q19 GDP.
- The USD strengthened amid upbeat data, while some LatAm currencies hit record lows.
- Stock markets inched up in general with the S&P 500 index continuing to reach new highs.
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