Market Comment | Positive tone extended this week despite Brexit issue remaining stuck
Published on Friday, January 18, 2019
Market Comment | Positive tone extended this week despite Brexit issue remaining stuck
Summary
Markets were in a positive mood for the second week in a row. Recent news of further US-China trade talks by late January, coupled with China’s latest measures to boost its economy were the main drivers. The rejection of May’s Brexit plan and the vote of confidence that May was able to win have had only a mild impact on markets so far, awaiting for a Brexit "plan B”.
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BBVA Research
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