Market Comment | Positive tone in markets despite rising geopolitical tensions
Published on Tuesday, August 7, 2018
Market Comment | Positive tone in markets despite rising geopolitical tensions
Summary
Positive mood in financial markets despite increasing geopolitical tensions in the Middle East. The US administration imposed sanctions against Iran after leaving the nuclear deal which avoided the trade blockade during Obama`s term (see). On another front, trade concerns on the US-China relationship remained in the spotlight, although the positive data of China’s foreign reserves helped […]
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BBVA Research
BBVA Research
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