Market Comment| Risk-on mood returned amid positive economic data and trade hopes
Published on Friday, April 5, 2019
Market Comment| Risk-on mood returned amid positive economic data and trade hopes
Summary
Risk-on mood returned to the markets this week amid positive surprises in the US and China PMIs, rising hopes for a near term US-China trade deal and the declining probability for no-deal Brexit, which together offset a cautious view from the IMF on the growth outlook.
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Authors
Maria Victoria Ramírez
Sumedh Deorukhkar
BBVA Research - Senior Economist
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