Market Comment | The trade rollercoaster goes on

Summary

Market risk sentiment recovered modestly on positive trade headlines. China said it will increase penalties for intellectual property violations, while Chinese media said both countries are very close to the phase one trade deal.

Key points

• Key points:
• The yield on the 10Y US Treasury bond inched down marginally amid weak activity data.
• The euro slipped as the improvement in business confidence in Germany lacked conviction.
• Global stock markets edged higher amid a fresh dose of positive trade developments.

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