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Published on Friday, October 11, 2019

Market Comment | Volatile markets amid trade news

Summary

Hopes of a trade deal rose in recent days underpinned the risk-on mood, although markets were very volatile during the week.

Key points

  • Key points:
  • Sovereign bond yields rose sharply.
  • Equity indices rallied, led by cyclicals.
  • The GBP appreciated significantly on increasing hopes of a Brexit-deal.

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Topics

Documents and files

Report (PDF)

MC_111019.pdf

English - October 11, 2019

Authors

VS
Vitor Sun Zou
CV
Cristina Varela BBVA Research - Principal Economist
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