Investors digested the Fed's third rate hike of the year (see our detailed analysis of the meeting here) with moderate stock market gains, relatively unchanged sovereign yields, and a mixed behavior in FX markets, where the euro eased to $1.16 while some EM currencies appreciated (such as the Turkish lira the Brazilian real) and others weakened (such as Argentina's peso).
The last session of the week was marked by the announcement of the Italian 2019's fiscal deficit target (2.4% of GDP), which weighted on most European assets.
In the last session of the week, the mood was disparate in both sides of the Atlantic. In Europe, losses in the main stock markets were moderate and broad-based, while in the U.S., the S&P 500 bounced back from the losses registered on previous days.
In yesterday's session, political uncertainty weighted on European financial markets, while the September's Fed meeting minutes focused the attention in the U.S.
Global financial markets were mixed as U.S. equities rebounded from previous days' losses (pushed by solid company results) but in Europe most indices registered moderate losses.
Stocks ended the week with a mixed session as they rose in most European and emerging economies but declined in the U.S.
Investors started the week with a mixed session in which U.S. stocks edged higher, the main European indices were mixed and emerging-economy equities declined in Asia and rose in Latin America.
Caution prevailed in yesterday's session as U.S. equities advanced but euro area and EM stocks exhibited a mixed performance.
Advanced-economy stocks rallied and the main U.S. and euro area indices rose around 2% and 1%, respectively. In emerging markets, stocks rose more moderately and Latin American equities underperformed their Asian counterparts.
Stocks eased their advance after Wednesday's rally and the main U.S., European and EM indices registered moderate losses in yesterday's session.
Political uncertainty in Europe got most of the financial market participant's attention.
Stocks ended the week with a mixed session in the U.S. and moderate losses in the euro area.
In a low-trading session (U.S. markets were closed for the Thanksgiving holiday), European stocks edged lower and EM equities exhibited a mixed performance.
Financial markets ended the week in a mixed tone. In Europe, most stock indices advanced modestly, while US equities registered losses.
Yesterday, European financial markets were mixed, while in the US the S&P 500 rallied following Jerome Powell's speech.
Yesterday, in the US the S&P 500 edged down after Wednesday's rally and registered moderate losses, while European stock markets registered broad-based and moderate gains.
Markets started the new year with a mixed tone as U.S. stocks rebounded modestly but European and EM equities declined moderately.
Markets were driven by opposing signals about trade tensions in yesterday's session. European stocks were mixed, EM equities closed flat and U.S. stocks rose in a late-session rally.
In the first session of the week, euro area stock indices edged down amid concerns of lower global economic growth in the following quarters.
In a session where the inflow of macroeconomic and sentiment data was abundant in the U.S. and in the euro area, investors read it, overall, in the downside.