Market Comment | Risk-on mood amid Japan stimulus hopes and easing Brexit uncertainty
Published on Tuesday, July 12, 2016
Market Comment | Risk-on mood amid Japan stimulus hopes and easing Brexit uncertainty
Summary
Global stocks rose across the board (S&P500 +0.7%, Euro Stoxx50 +1.7%, Dax +1.4%, Ibex35 +2.4%), reflecting the decrease in risk aversion in today’s session, underpinned by Japan stimulus hopes. The Japanese yen fell significantly (-1.88%) and Japanese stocks jumped for a second day (Nikkei, +2.5%) on hopes that a new package of fiscal stimulus in […]
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BBVA Research
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