Market Comment | Risk-off mood abated by the trade relief after the G20 summit
Published on Monday, July 1, 2019
Market Comment | Risk-off mood abated by the trade relief after the G20 summit
Summary
Risk-off mood abated after the talks on the sidelines of the G20 summit held this weekend in Osaka. Trump-Xi manage to get talks back on track, Russia and Saudi Arabia agreed to extend crude oil output cuts and EU and Mercosur (Argentina, Brazil, Paraguay and Uruguay) reached a trade deal after two decades of negotiation.
Key points
- Key points:
- Trump-Xi manage to get talks back on track.
- Russia and Saudi Arabia agreed to extend crude oil output cuts.
- EU-Mercosur trade deal.
Geographies
- Geography Tags
- Global
Topics
- Topic Tags
- Financial Markets
Tags
- Tags
- financial markets
Authors
Vitor Sun Zou
Angel Meneses De Quevedo
Documents and files
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