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Published on Thursday, January 2, 2020

Market Comment | The New Year starts with shy optimism

Summary

Financial markets have started the new decade with optimism after US President Trump said phase one of the trade deal with China may be signed on January 15.

Key points

  • Key points:
  • Equity markets increased across the board.
  • Sovereign bond yields showed early increases, despite ending the session declining.
  • FX market were mixed. USD and JPY appreciated while European currencies declined.

Geographies

Topics

Authors

Cristina Varela BBVA Research - Principal Economist
María Sánchez Carvajal

Documents and files


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Report (PDF)

MC_020120.pdf

English - January 2, 2020

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