Financial markets started the week with less optimism than in the previous sessions, despite the positive comments around the U.S. - China trade negotiations.
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Investors operated in a cautious mood as they await for concrete news on the US - China trade negotiations and tomorrow's ECB press conference.
Stocks declined across the board on Friday as downbeat activity figures in the U.S. (nonfarm payroll employment +20,000 in February after +311,000 in January) and China (export growth dropped from 9.1% yoy in January to -20.7% in February) added to the OECD and the ECB's downgraded macroeconomic projections earlier in the week.
In the last session of the week, stocks rose across the board sparked by news from China.
Investors ended the week on a positive note and stocks rose across the board boosted by optimism over trade talks between the U.S. and China.
Global stocks strengthened and core sovereign yields advanced on the back of improving sentiment indicators in the U.S. and China's manufacturing sectors.
Financial markets ended the week with an optimistic tone, on the back of better-than-expected employment creation in the U.S. and advances in trade negotiations between the U.S. and China.
Financial markets started the week in a quiet mood as investors awaited the beginning of the earnings' season, the ECB meeting and more clues on the trade negotiations between the U.S. and China.
Investors ended the week in a positive note on the back of improving economic indicators in China.
Europeanand Asian stocks advanced on the back of positive growth figures in China (see our assessment here) while U.S. stocks closed with a modest decline due to the release of mixed earnings results.
Global stocks started the week on the up as U.S. and China representatives resume formal trade talks in Beijing.
Investor sentiment deteriorated after a Donald Trump tweet revived the trade tensions between the U.S. and China.
Global stock markets extended the losses as investors digested the turn in trade negotiations between the U.S. and China.
Financial markets are still operating with a pessimistic tone since the U.S. and China stepped back in the trade negotiations this weekend.
In yesterday's session, investor sentiment worsened as the U.S. and China could not reach a last-minute agreement to avoid today's tariff increase from 10% to 25% on $200 billion of Chinese imports.
Investor sentiment has stopped deteriorating as trade negotiations between the U.S. and China keep on going despite the increase in tariffs that took place on Friday.
Investor sentiment improved in yesterday's session after President Trump signaled that the U.S. and China will continue to negotiate a trade deal.
Investor sentiment improved mildly as news coming from the trade tensions between the U.S. and China were slightly conciliatory.
In yesterday's session, investors focused on brexit news, the release of the last Fed meeting minutes and trade tensions between the U.S. and China.
Escalating tensions between the U.S. and China led to higher financial volatility and a shift from risky assets to safe bonds in yesterday's session.