Market Comment | Lingering geopolitical uncertainty
Published on Wednesday, October 16, 2019 | Updated on Wednesday, October 16, 2019
Market Comment | Lingering geopolitical uncertainty
Summary
Investors remained cautious in a volatile session underpinned by increasing geopolitical frictions.
Key points
- Key points:
- Expectations of a Fed rate cut at the end of this month rose to 85% amid weak retail sales.
- Both euro and the sterling fluctuated on Brexit developments.
- Sovereign bonds yields were mixed.
Geographies
- Geography Tags
- Global
Topics
- Topic Tags
- Financial Markets
Authors
Vitor Sun Zou
Cristina Varela
BBVA Research - Principal Economist
Documents and files
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