Market Comment | Risk-off mood in markets amid reignition of trade fears
Published on Thursday, August 2, 2018
Market Comment | Risk-off mood in markets amid reignition of trade fears
Summary
Risk-off returned to financial markets, increasing volatility after the upsurge in trade tensions between the US and China. As expected, the US FOMC held interest rates in yesterday´s policy meeting. Nonetheless, it stuck to its plan to gradually hike interest rates, with the statement strengthening the language surrounding the outlook to “strong” from […]
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BBVA Research
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