02 January 2018
U.S. and European stock markets declined in the last trading session of 2017.
Evolution of the international financial markets and evaluation of the main events and economic indicators of the previous day session. Available in English.
Stock markets advanced in the U.S. and experienced a generalized decline in Europe, while sovereign yields picked up both in the U.S. and the Euro Area.
In the last trading session before Christmas, stock markets declined and long-term sovereign yields remained stable (with the exception of Portugal, whose risk premium undid part of the week's strong decline as investors are still calibrating the implications of the improved sovereign rating)
International stock markets closed on a positive note yesterday with slight increases both in Europe and in the U.S. while yields in sovereign bond markets remained relatively stable.
International stock markets were mixed with stronger declines in Europe and slighter decreases in the U.S., suggesting investors consider the effect of the tax reform is sufficiently priced in.
Slight declines in most developed stock markets, undoing part of Monday’s increases, as investors remained sensitive to news about the U.S. tax reform.
Equity markets have started the week in a very enthusiastic manner amid optimism that U.S. legislators are on the brink of passing the tax reform.
Stock markets posted strong increases in the U.S. while they were mixed in Europe during the last day of the week.
Stock markets slid both in the U.S. and the Euro Area while treasury and bund yields were little changed and Euro Area periphery sovereign spreads declined.