Risk Appetite Returns on Trade Optimism… But for How Long?
Financial markets kicked off the trading week with on a positive note as optimism over US-China trade talks revived investor risk appetite.
Asian equity markets concluded on the positive note amid the Risk-on mood while European shares are trading in the green territory. Although the positive domino effect from Asia and Europe could elevate Wall Street this afternoon, gains are likely to be capped by geopolitical risks. With the underlying factors weighing heavily on global sentiment still present, global stocks remain vulnerable to downside shocks.
Sz. Daniela