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Market Comment | Markets remain fragile as US-China tech war worsens trade deal prospects

Published on Monday, May 20, 2019

Market Comment | Markets remain fragile as US-China tech war worsens trade deal prospects

Summary

US ‘blacklisting’ of China’s technology major Huawei further undermined the frayed US-China relationship while dimming prospects of a trade deal.

Key points

  • Key points:
  • Risk indicators implied by financial markets bounced back.
  • Equity prices declined across the board, led by the technology sectors.
  • Bond and FX markets remained steady.

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Authors

Sumedh Deorukhkar BBVA Research - Senior Economist
Cristina Varela BBVA Research - Principal Economist

Documents and files


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Report (PDF)

MC_200519.pdf

English - May 20, 2019

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