Financial Markets Daily Report 26 April 2022
Investors started the week trading with a risk-off mood following the announcement of lockdowns in several parts of Beijing. In this context, stock indices declined in the euro area and in emerging economies while late trading in the US, boosted by dip buyers, led the S&P 500 and the Nasdaq to advance.
- Investors started the week trading with a risk-off mood following the announcement of lockdowns in several parts of Beijing. In this context, stock indices declined in the euro area and in emerging economies while late trading in the US, boosted by dip buyers, led the S&P 500 and the Nasdaq to advance.
- In fixed-income markets, sovereign yields declined (the German Bund and the 10-year US Treasury moved off the 1% and 3%) while peripheral spreads across the eurozone widened modestly. In FX markets, safe haven currencies strengthened and the euro fluctuated slightly above $1.07.
- In commodity markets, the price of the barrel of Brent and European natural gas fell amid concerns of global energy demand.
- Today the focus will be on the US Conference Board Consumer Expectations for April.