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Published on Tuesday, August 20, 2019

Market Comment | Investors trade cautiously ahead of the Jackson Hole gathering.

Summary

Investors traded cautiously, awaiting more clues concerning monetary policy. Safe-haven assets outperformed others, with sovereign bonds rallying.

Key points

  • Key points:
  • Italy’s risk premium narrowed after the resignation of its PM Conte.
  • Safe-haven currencies outperformed across the G10 board.
  • Global stocks inched down with the IBEX leading the losses in Europe.

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Report (PDF)

MC_200819.pdf

English - August 20, 2019

Authors

VS
Vitor Sun Zou
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