Market Comment | Stocks rebound amid lower trade tension

Summary

Equities rebounded in Europe and in the U.S. from Friday’s sell-off with a possible resumption of trade talks after the imposition of new tariffs.

Key points

• Key points:
• European sovereign bonds slipped, while the U.S. Treasury bonds edged up with a flat 10-2Y yield curve.
• The DXY index strengthened.
• Offshore Chinese yuan reached its record low.

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