Market Comment | Short-term relief for investors
Published on Wednesday, September 4, 2019
Market Comment | Short-term relief for investors
Summary
Investors shifted to riskier assets as political tensions eased in Europe and Hong Kong, although trade uncertainty remains.
Key points
- Key points:
- Global stocks rose, especially the Hang Seng index.
- The USD underperformed.
- The GBPUSD 3M implied volatility declined but remains in high levels.
- Italy’s risk premium continued to narrow sharply.
Geographies
- Geography Tags
- Global
Topics
- Topic Tags
- Financial Markets
Authors
Vitor Sun Zou
Cristina Varela
BBVA Research - Principal Economist
Documents and files
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