Market Comment | Doubts on US reflation policies and European politics dragged down yields

Summary

Financial markets showed a cautious mood – amid lack of relevant economic data or event -, as European political concerns continued weighing on investors, while expectations of US reflationary policies cooled somewhat. Consequently, safe-haven asset prices rose: JPY, CHF and gold prices increased (see). Moreover, global stocks slightly declined across the board, and the European […]

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