Central bank communication has been in the spotlight of investors for a while, and yesterday's focus was on the Federal Reserve monetary policy meeting.
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Yesterday, investors traded cautiously ahead of the eagerly anticipated U.S.-China meeting on Saturday and amid mixed messages from the U.S. Administration regarding trade negotiations.
In the last session of the week investors traded in a cautious mood ahead of an eagerly anticipated political weekend.
Financial markets started the week in a cautious mood as investors await for the ECB monetary policy meeting on Thursday and for more Q2 earnings releases.
Investor sentiment improved on the back of relatively positive earnings releases in Europe and in the US.
In yesterday session, stock indices declined in the US, after several weak Q2 corporate results, and in Europe, after Draghi missed market expectations since they expected a more dovish press conference.
Stock markets decreased across the globe as investors perceived that trade talks between the US and China made very little progress.
Trade concerns returned to financial markets' center stage as Donald Trump announced that the US will impose 10% tariffs on the remaining $300 billion Chinese imports, starting on September 1st.
Global stocks were mixed and the focus in yesterday's session was on political developments in Europe.
Investors traded cautiously in the first session of the week.
Risk aversion took over the session amid disappointing economic indicators and as media reports suggested that the U.S. and China are struggling to resume negotiations.
Financial markets started the week with a positive tone as investors perceived that trade tensions between China and the U.S. moderated.
In yesterday's session, investors exhibited an upbeat tone as both China and the U.S. showed cautious optimism after the top-level trade talks.
Global markets rallied at the end of last week, fuelled by a preliminary deal between the U.S. and China.
Markets moderated their gains in yesterday's session as investors focused on geopolitical developments and a few economic data releases.
Markets were mixed in a session in which the EU and the U.K. agreed on a new exit deal.
Markets started the week on a risk-on mood and on the back of fresh optimism on U.S.-China trade talks.
Financial markets ended the week in a positive tone fuelled by better-than-expected data released in the main advanced economies.
Despite the weakness shown in the sentiment indicators for some euro area countries, investors' optimism on trade tensions fuelled risk-on flows.
The appetite for risk that investors showed in the previous sessions seemed to moderate on Tuesday and risk-on flows were more contained.