Financial markets behaved differently on both sides of the Atlantic, reacting to different drivers.
Resultats de la cerca
Investor sentiment improved on the back of the optimistic tone expressed by Donald Trump in relation to the trade negotiations with China.
In yesterday's session, financial assets' valuations fluctuated on economic sentiment data, news on trade tensions, and increasing talks among Democrats of impeaching President Trump (which was publicly announced once markets closed).
Financial markets ended the week amid mixed signals from trade negotiations and monetary policy.
Markets traded cautiously as investors shifted their attention from this week's monetary policy meetings to the resumption of trade negotiations between the U.S. and China.
Investors started the week on a prudent note as they reassessed expectations of a Fed rate cut in the light of recent strong U.S. labor market data.
Stocks were erratic and safe-haven flows eased in yesterday's session as investors weighed mixed messages on trade.
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.
The resumption in trade negotiations between China and US boosted stock indices across the globe at the beginning of yesterday's session.
In yesterday's session, investors traded in a cautious mood and demand for safe haven assets increased.
Investor sentiment improved in yesterday's session with the expectation of an extension of the accommodative monetary policy stance. Analysts expect Christine Lagarde to follow Mario Draghi's approach and provide monetary stimulus in the coming quarters.
In yesterday session, trading volumes were well below average as US financial markets were closed due to the Independence Day.
Investors traded cautiously in the last session of the week and stock indices rose mildly in most euro area trading floors and in the US (where the S&P 500 reached a new record high).
Investor sentiment worsened slightly in a context of persisting trade tensions and mixed corporate earnings releases.
Trade tensions, monetary policy and economic data releases were the drivers of yesterday session.
Financial markets started the week with caution as they await for more earnings releases, which will be a key driver of stock markets in the next sessions.
In U.S. markets, stocks advanced and sovereign yields declined for short-maturity treasuries (the U.S. sovereign curve steepened) as messages from the U.S. Federal Reserve made investors confident that the Fed will cut rates soon.
Markets traded cautiously in a session with few economic releases.
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.