Market Comment | Moderate optimism prevails. ECB and Fed previews

Summary

Slightly risk-on mood tone prevails in financial markets despite the positive economic data from the US and Europe, as trade deal uncertainty increases with the delay of December 15 tariff threat.

Key points

• Key points:
• Sunday's tariffs may be averted.
• Economic data were generally positive in Europe and the US but disappointed in China.
• Safe-haven yield inched up, while equity markets remained steady.

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