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Published on Monday, December 3, 2018

Market Comment | US-China trade truce prompted appetite for risk assets

Summary

Positive tone after the announcement of a trade tariff truce between China and the US at last weekend’s G-20 summit. Additionally, oil prices rebounded ahead of the outcome of Thursday’s OPEC meeting as cuts in oil supply could be implemented. After the tone of last week’s Powell speech, markets will remain focus on data, this week: employment and consumer confidence

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MarketComment_0312.

English - December 3, 2018

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BBVA Research BBVA Research
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