29 June 2020
Markets were mixed in the last session of the week as investors looked for direction.
Evolution of the international financial markets and evaluation of the main events and economic indicators of the previous day session. Available in English.
Yesterday's session opened with the negative tone seen in the previous days driven by the increase in covid-19 cases around the globe.
In yesterday's session, financial markets experienced risk-off flows as investors were concerned about the spread of new covid-19 cases in the US and media reports suggesting that the White House might be willing to impose new tariffs on $3.1 billion of exports from Europe.
In the first session of the week, investors traded in a lower volatility environment and weighed, on the one hand, the increase in covid-19 cases around the globe and, on the other, the possibility of additional government stimulus.
In the last session of the week investors traded cautiously amid doubts over the evolution of the pandemic in the US and as EU leaders ended their Friday meeting with no agreement on the EU recovery plan.
Markets searched for direction as investors weighed an increase in coronavirus infections and policy announcements.
Investors traded more cautiously as new covid-19 infections and containment measures in China weighed on sentiment.
Investors traded in a risk-on mood in yesterday's session, fuelling a rally in stock markets across advanced and emerging economies.
Concerns about a second wave of the coronavirus pandemic dominated investor sentiment in the first session of the week.
Investors traded cautiously in the last session of the week. Volatility eased after Thursday's sell-off and stocks recovered some ground on Friday but still closed the week suffering their largest weekly loss since March.