As reports were filed about the draft deal between UK and EU negotiators on Brexit, it affected the Euro zone government bonds which fell on October 15, experts speculated. The situation arose as investors feared risks in investing in such a scenario. On the other hand, the US House of Representatives’ adoption of four pieces of legislation taking a hard line on China played no role in affecting the decision of investors despite China's warning of the hamper in bilateral relations, stated reports. The adoption consisted of three measures related to pro-democracy protests in Hong Kong and one about Canada in its dispute over the extradition of a Chinese telecom executive. The move took place at a time when both the US and China are hanging by a thread over their trade relations.

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Experts view on stocks

Christian Lenk, a rates strategist at DZ Bank told the news agencies that the Chinese trade war is out of focus because it is not so imminent in Europe. The focus more on the Brexit issue because of its importance in the continent's bonds.  Lenk added that in line with these political decisions that are coming, economic data will be in the second role the markets are focusing on.

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The stock market figures

After earlier hitting a fresh 11-week high of -0.397%, German 10-year government bond yields rose 1.4 basis points to -0.407%. Optimism over Brexit and prospects for a US-China trade deal eased the uncertainty leading to extending losses after a heavy sell-off last week in German government bonds. Other eurozone economies' bonds fell by around 1 bps. Traders at the same time keep a watch on September inflation data releases in Britain, due at 0830 GMT, and a confirmatory figure for the euro area, due at 0900 GMT. Similarly, the September retail sales in the US are due to be announced which has been relatively high.

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