Published on Monday, December 23, 2019

Market Comment | Thin volume ahead of the Christmas Break

Financial markets were broadly steady, although some caution still lingers amid thin liquidity as the year-end approaches.

Key points

  • Key points:
  • Sovereign bond yields were unchanged, except for Italy.
  • G10 currencies appreciated in general, but the DXY index trimmed early gains on weak US data.
  • US stock markets inched up on trade optimism. The S&P 500 rose by 28.7% year-to-date.

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