Global markets started the week on a positive note after U.S. President Trump suspended plans for tariffs on Mexico.
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Risk-off sentiment picked up in yesterday's session as sources talked down expectations on a successful Trump-Xi meeting in the G20 summit. Stocks declined across advanced and emerging economies, driven by technology and commodities shares, and yields on U.S. and German sovereign bonds nudged down.
Volatility edged higher and stocks declined across advanced and emerging economies as U.S. officials played down expectations of a breakthrough in trade talks when Presidents Trump and Xi Jinping meet this week at the G20 summit.
In yesterday session, trading volumes were well below average as US financial markets were closed due to the Independence Day.
Trade tensions, monetary policy and economic data releases were the drivers of yesterday session.
US monetary policy makers centered the stage in yesterday's session, as some Fed officials argued for a shift in monetary policy towards a more dovish stance.
The main drivers of yesterday's session were corporate earnings releases and weak economic sentiment data in Europe.
Yesterday, Fed's 25 bp interest rate cut and the economic releases in Europe took center stage.
Markets started the week on a constructive note as investors found support on positive geopolitical gestures.
Stock markets rose across advanced and emerging economies as investor sentiment was buoyed by conciliatory remarks on the trade front.
Markets exhibited a positive mood as they were fueled by positive sentiment indicators.
Global markets cheered on news that the U.S. and China would resume formal trade talks.
Financial markets ended the week with a positive tone and stock indices rose in most European and U.S. trading floors.
Investor sentiment continued to improve in yesterday's session as trade tensions between China and the U.S. moderated.
The long awaited ECB monetary policy meeting came with few surprises and Mario Draghi, its President, announced a package of stimulus measures which caused back-and-force movements in financial valuations.
On Friday, sovereign yields rose and European stocks edged up as investors digested the new round of ECB stimulus.
Global stocks were mixed as market attention shifted from the weekend's attack on Saudi Arabia's oil facilities to today's Fed meeting.
U.S. stocks and 10-year sovereign yields ended little changed as investors digested the outcome of yesterday's Fed meeting.
Financial markets ended the week amid mixed signals from trade negotiations and monetary policy.
Financial markets behaved differently on both sides of the Atlantic, reacting to different drivers.