Market Comment | Hopes of a partial trade deal boost risk appetite
Published on Monday, November 4, 2019
Market Comment | Hopes of a partial trade deal boost risk appetite
The risk-on mood prevailed since last Friday amid trade optimism and a resilient U.S. labor market.
Key points
- Key points:
- Sovereign bond yields extended their rise from last Friday on trade hopes, especially in the U.S.
- European stock markets climbed, while the S&P 500 hit a fresh record high.
- Oil prices rose.
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