Market Comment | Volatile markets amid trade news
Published on Friday, October 11, 2019
Market Comment | Volatile markets amid trade news
Summary
Hopes of a trade deal rose in recent days underpinned the risk-on mood, although markets were very volatile during the week.
Key points
- Key points:
- Sovereign bond yields rose sharply.
- Equity indices rallied, led by cyclicals.
- The GBP appreciated significantly on increasing hopes of a Brexit-deal.
Geographies
- Geography Tags
- Global
Topics
- Topic Tags
- Financial Markets
Authors
Vitor Sun Zou
Cristina Varela
BBVA Research - Principal Economist