The week started with US markets closed for Labour Day. Elsewhere, energy prices edged higher, lifting eurozone market-based inflation expectations as well as ECB rate expectations. A hike at Thursday's meeting is priced by investors as almost certain, as well as two additional increases discounted over the next twelve months.
Resultats de la cerca
A renewed surge in energy prices, which sent Brent crude oil above $100 and TTF natural gas close to €80, set a risk-off tone across markets. Inflation expectations rose, as did expectations of central bank tightening, with markets pricing around 85 bps of ECB tightening over the next 12 months (starting with 25 bps today), and almost 70 bps for the Fed.
Investors took stock after the significant gains of the last sessions and stocks advanced moderately.
International stock and sovereign bonds markets remained relatively unchanged during the last day of the week.
Equities went down in most of the developed countries as investors are assessing earnings and remain prudent before the ECB meeting.
Stock markets ended the week on a positive note as they advanced supported by good earnings and macroeconomic data.
Stock markets were mixed and sovereign yields declined as investors struck a tone of caution at the start of the week.
Stocks were mixed and sovereign yields remained roughly stable as investors await the announcement of Trump's candidate to lead the Fed (expected today).
Investors remained relatively cautious during the last day of the week with slight increases in most developed stock markets.
Stock markets advanced as investors head into the end of the year optimistic about global growth and company earnings.
Stock markets were mixed yesterday as the technological sector registered losses while the banking sector surged.
International stock markets were mixed yesterday as the U.S. Senate suspended votes on the tax bill until today after a key compromise to win a majority collapsed.
International stock markets were mixed with slight losses in Europe and relative stability in the U.S., as the economic calendar was light yesterday.
Stock markets slid both in the U.S. and the Euro Area while treasury and bund yields were little changed and Euro Area periphery sovereign spreads declined.
Developed stock markets registered solid gains during the last day of the week, with stronger increases in Europe.
New gains in the main developed stock markets with the U.S. equities that climbed to a fresh record.
Slight declines in developed stock markets as the rally we have been observing since the beginning of this year seems to lose steam.
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).
Stock markets rose significantly in most developed countries during the last day of the week while yields decreased slightly in sovereign bond markets.