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Market comment | Improved market sentiment supports risk assets appetite

Published on Wednesday, February 12, 2020

Market comment | Improved market sentiment supports risk assets appetite

Optimistic market sentiment continued spreading through the markets, amid lower 2019-nCoV rates of infection. Nonetheless, caution remained as coronavirus outbreak concerns over global growth seem far from contained.

Key points

  • Key points:
  • China’s Hubei province reported today the lowest number of coronavirus cases this month.
  • Sovereign bond yields inched up across the board. European peripheral bonds outperformed core and semi-core bonds as investors searched for yield.
  • Brent oil prices increased, despite the bearish forecasts regarding overall oil demand.
  • Equities continued to rally. VIX 14.

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