Market Comment | Trade concerns weighed on markets with Fed in focus
Published on Wednesday, March 20, 2019
Market Comment | Trade concerns weighed on markets with Fed in focus
Summary
Cautious mood returned to markets amid mixed news regarding US-China trade negotiations. Latest reports showed that China was rejecting US trade demands, increasing fear among investors. Nonetheless, the announcement of further trade talks, in a move to push for a deal by April, marginally eased trade-related fears. Also, Fed’s policy decision will be announced later today
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Authors
Maria Victoria Ramírez
Cristina Varela
BBVA Research - Principal Economist
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