Market comment | Improved market sentiment supports risk assets appetite

Summary

Optimistic market sentiment continued spreading through the markets, amid lower 2019-nCoV rates of infection. Nonetheless, caution remained as coronavirus outbreak concerns over global growth seem far from contained.

Key points

• Key points:
• China’s Hubei province reported today the lowest number of coronavirus cases this month.
• Sovereign bond yields inched up across the board. European peripheral bonds outperformed core and semi-core bonds as investors searched for yield.
• Brent oil prices increased, despite the bearish forecasts regarding overall oil demand.
• Equities continued to rally. VIX 14.

Geographies

Topics

Tags