As expected, the ECB kept interest rates unchanged (depo at 2%) and reinforced its meeting-by-meeting data-dependent strategy. Euro area sovereign yields edged higher, and equities had a mixed session across the region. On the macro front, euro area GDP grew 0.2% qoq in Q3 (1.3% yoy), up from 0.1% qoq in Q2.
Resultats de la cerca
Las bolsas estadounidenses y europeas han registrado avances moderados, los tipos de interés libres de riesgo han repuntado levemente y el dólar se ha apreciado frente al euro.
In yesterday's session, financial markets operated in a risk-off scenario, partly fueled in Europe by the European Commission's response to the Italian budget, which hints the possibility of a rejection from Brussels.
Retrocesos en las bolsas europeas en un comienzo incierto de la temporada de resultados y con el fortalecimiento del euro, que por primera vez en 2017 sobrepasó los 1,15 dólares.
Financial markets started the week with a sell-off session in stock markets as energy prices rose sharply following threats from the US to restrict oil imports from Russia and Russia threats to cut gas flows to Europe. In addition, the euro area investor sentiment index Sentix declined to -7.0 in March, the lowest level since November 2020.
Las bolsas empezaron la semana al alza tanto en EE. UU. como en los principales parqués europeos, mientras que en el mercado de renta fija las yields soberanas estadounidenses y de la periferia de la eurozona se movieron ligeramente al alza.
Anàlisi de l’impacte econòmic de la crisi d’Ucraïna
Retrocesos moderados en las bolsas europeas y las yields soberanas de la eurozona en una jornada festiva en EE. UU.
Stock markets posted gains across Europe and the US, while sovereign yields moved in opposite directions as they recorded mild declines in the eurozone and moderate increases in the US.
In the first trading session of the year, stock markets rose in the U.S. and they were mixed in Europe, declining in core countries and advancing in the Euro Area periphery.
Stocks rose supported by the release of strong earnings, both in the U.S. and Europe, while in fixed-income markets sovereign yields on U.S. and Euro Area bonds edged up.
Clàudia Canals detalla la revisión de nuestro escenario económico a raíz de la guerra de Ucrania (con menores tasas de crecimiento y mayores tasas de inflación), en un contexto de gran incertidumbre; las vías de impacto en las economías europea y española, y el papel de la política monetaria y fiscal ante esta nueva crisis. (Duración: 7').
Stock markets rose in the U.S. but experienced widespread declines in Europe. In fixed-income markets, U.S. sovereign yields ticked up and European yields remained stable (with the exception of Portugal's).
Anàlisi de l'impacte econòmic de la crisi d'Ucraïna a Espanya
U.S. stock markets rebounded while in Europe the tone was mixed. In sovereign bond markets, 10-year yields nudged down in the U.S. and edged up in the Euro Area.
Clàudia Canals resume nuestras previsiones para las principales economías avanzadas y emergentes, eurozona y España, y explica en detalle las causas profundas del rebote de la inflación, uno de los riesgos que persisten en la economía mundial desde el mes pasado, junto con la disrupción de las cadenas globales de aprovisionamiento.
Stocks edged higher both in the U.S. and Europe, while in sovereign debt markets U.S. and German yields nudged up and Euro Area periphery spreads declined.
The European Commission's (EC) downward revision of economic growth forecast for the euro area worsened investor sentiment.