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Monday, June 24, 2019

Market Comment | Investors are cautious ahead of the G20 summit

Treasury yields slipped, while stock markets were broadly steady as uncertainty regarding U.S. and China trade prevails and geopolitical tensions between U.S. and Iran simmer. Investors will watch closely the meeting between U.S. President Trump and Chinese President Xi on the sidelines of the G20 summit later this week.

Key points

  • Key points:
  • Weak data from the German IFO and the Dallas Fed manufacturing index
  • Increasing tension between U.S. and Iran
  • The opposition won the Istanbul mayoral election

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