Market Comment | Market volatility increases amid renewed growth concerns
Published on Wednesday, October 2, 2019 | Updated on Wednesday, October 2, 2019
Market Comment | Market volatility increases amid renewed growth concerns
Summary
Market risk sentiment worsened as macroeconomic data continue to support a gloomy global outlook.
Key points
- Key points:
- Equity indices declined sharply.
- The VIX index rose above 20.
- UST bond yields fell, especially in shorter tenors, although European bond yields increased.
- The JPY extended its gains on its safe haven appeal.
Geographies
- Geography Tags
- Global
Topics
- Topic Tags
- Financial Markets
Authors
Vitor Sun Zou
Cristina Varela
BBVA Research - Principal Economist
Documents and files
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