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Thursday, May 30, 2019

Market Comment | Markets take a breather from recent jitters

Cautious mood persists across global financial markets as a protracted US-China trade deadlock looms. Although markets were steady today, as there were not incremental news today.

Key points

  • Key points:
  • Equity markets edged up after several days of declines
  • Safe-haven yields inched up but remain at very low levels, signalling a cautious tone
  • Expect underlying concerns over global growth amid escalating trade tensions and other global uncertainties to continue to weigh on sentiment.

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