Market Comment | Financial markets bounce back this week

Summary

Market risk sentiment improved this week driven by the relief of trade and political tensions in Europe and Hong Kong. All eyes will be on today’s Powell speech.

Key points

• Key points:
• Sovereign bond yields climbed sharply across the yield curve, especially in longer tenors.
• The USD halted its recent appreciation trend.
• Equity markets increased, with the banking sector outperforming others.

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