Market Comment | Equity volatility spikes on geopolitical concerns
Published on Thursday, August 10, 2017
Market Comment | Equity volatility spikes on geopolitical concerns
Summary
Today’s financial market pattern was fairly similar to yesterday’s. Geopolitical concerns increased demand for safe-haven assets. Sovereign bonds (US and German mainly) and gold prices increased, while safe-haven currencies such as the Japanese yen appreciated. On the other hand, equity markets declined across the board. Market risk measures strained, after US allies warned North Korea […]
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BBVA Research
BBVA Research
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