Market Comment | China’s new stimulus drives equity markets higher
Published on Tuesday, June 11, 2019
Market Comment | China’s new stimulus drives equity markets higher
Summary
Relief rally in risky assets continued, while safe-haven assets (CHF, JPY and Gold) slightly declined on the back of China’s stimulus.
Key points
- Key points:
- China eased funding restrictions.
- In the US, May core producer prices picked up 2.3% YoY.
- Markets still foresee Fed rate cuts.
Geographies
- Geography Tags
- Global
Topics
- Topic Tags
- Financial Markets
Tags
- Tags
- financial markets
Authors
Vitor Sun Zou
Cristina Varela
BBVA Research - Principal Economist
Documents and files
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