Market Comment | A dash of optimism on a limited trade deal

Summary

China’s intention to conclude a partial deal improved the market risk sentiment as investors remain sensible to trade news, despite the recent escalation of trade tensions.

Key points

• Key points:
• Sovereign bond yields increased, especially in longer tenors.
• European and U.S. stock markets rebounded from yesterday’s fall.
• G10 currencies showed minor changes, while the Turkish lira led the losses.

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