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Market Comment | USD strength continues, while Italy’s politics returns to the forefront

Published on Tuesday, May 8, 2018

Market Comment | USD strength continues, while Italy’s politics returns to the forefront

Summary

  The strength of the USD continued today, boosted by Fed chair Powell’s comments, (see)  while oil prices showed some anxiety ahead of today’s decision by Trump regarding the Iran nuclear deal (see). Despite this backdrop, the VIX continued below 16 points and 10Y US bonds were steady at around 3 Potential early Italian elections […]

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BBVA Research BBVA Research

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market-comment_202719.pdf

English - May 8, 2018

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