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Daily Insights 

August 27, 2015

Risk assets rally, sentiment lifted

  • Risk appetite has been supported by the strong rebound in US equity markets, with the S&P 500 closing 3.9% higher yesterday. Equity markets in Europe have followed on from the strong performance in Asia. Chinese equities also took a breather after falling 25% since 11 August, with the SHCOMP and the SZCOMP advancing by 5.3% and 3.3%, respectively. In FX, commodity linked names have seen a sharp rebound as oil prices are up more than 3.5% since yesterday’s close in the US.
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