04 juny 2019
In yesterday's session, investor sentiment improved slightly from the risk-off mood that dominated last week.
Evolution of the international financial markets and evaluation of the main events and economic indicators of the previous day session. Available in English.
In yesterday's session, investor sentiment improved slightly from the risk-off mood that dominated last week.
Driven mainly by the trade tensions of the U.S. with China and, more recently, Mexico, stock indices in advanced economies declined, the price of gold rose and the Japanese Yen appreciated, in a canonical example of a risk-off session.
U.S.-China trade tensions (most recently, China's threat to restrict exports of rare earths, as pointed in yesterday's comment).
Escalating tensions between the U.S. and China led to higher financial volatility and a shift from risky assets to safe bonds in yesterday's session.
With U.S. markets closed for the Memorial Day holiday, European stocks advanced moderately at the start of the week as investors digested the results of the weekend's European Parliament election.
Markets closed a volatile week on a relatively quiet note. Stocks rose moderately across advanced and emerging economies and U.S. and German sovereign yields were stable around their year-lows.
In yesterday's session a risk-off mood dominated investor sentiment. Stock indices declined across the globe and the price of safe assets (such as U.S. Treasuries, Japanese yen, Swiss franc and gold) rose.
In yesterday's session, investors focused on brexit news, the release of the last Fed meeting minutes and trade tensions between the U.S. and China.
Investor sentiment improved mildly as news coming from the trade tensions between the U.S. and China were slightly conciliatory.