Market Comment | Hopes of a partial trade deal boost risk appetite

Summary

The risk-on mood prevailed since last Friday amid trade optimism and a resilient U.S. labor market.

Key points

• Key points:
• Sovereign bond yields extended their rise from last Friday on trade hopes, especially in the U.S.
• European stock markets climbed, while the S&P 500 hit a fresh record high.
• Oil prices rose.

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