Germany's Constitutional Court cast a shadow over the ECB's asset purchase programs.
Resultats de la cerca
Risk aversion continued to increase at the start of the week.
Markets ended the week in a risk-off mood.
In a session in which the focus was expected to be the FOMC meeting and the Q1 2020 US GDP release, investors shifted their attention to the expectations of an effective COVID-19 treatment.
In yesterday’s session, investors traded cautiously amid more recession-like data releases.
On Friday, global stocks declined amid economic releases showing the impact of the COVID-19.
In the first session of the week, investor sentiment found support on signs of decelerating COVID-19 infections and deaths in the major European economies.
Market sentiment continued to recover amid investor hopes that the coronavirus outbreak might be decelerating.
U.S. stocks climbed on optimism for another round of stimulus while euro area stocks were mixed after EU finance ministers failed to agree on an economic package to respond to the pandemic
Last Thursday, investors traded with moderate optimism amid the announcement of new policy measures.
In yesterday’s session, risk sentiment improved as investors showed lower pessimism over the outlook of the covid-19 pandemic.
Financial markets experienced yesterday another risk-off session in which stock indices declined across the board and yields on safe sovereign bonds edged down.
A rebound in oil prices drove volatility down and fostered generalized gains across stock markets.
In the first session of the week, investor sentiment improved as covid-19 deaths slowed in Europe and some major economies moved shyly toward reopening.
In the last session of the week, investors traded cautiously in Europe amid dramatic economic sentiment data in Germany (Ifo sentiment fell to the lowest recorded level) and the absence of a clear EU-wide proposal to fund the recovery in Thursday’s European Council meeting.
Volatility nudged down and most global stock indices advanced, while oil prices rose as OPEC+ producers said they would accelerate planned production cuts.
In a day of chaos in oil markets, weak global demand and rapidly filling storage led to a slump in oil prices.
Markets ended the week on an upbeat note as investors saw advanced economies being past the peak of new coronavirus deaths and focused on the release of government guidelines for easing lockdown measures.
Investor sentiment brightened moderately on the back of easier activity restrictions in advanced economies as well as on signs of improvement in a German activity survey.
Turmoil in oil markets triggered a fresh bout of risk aversion in yesterday's session.