Search results

Stock markets rose in the U.S. but experienced widespread declines in Europe. In fixed-income markets, U.S. sovereign yields ticked up and European yields remained stable (with the exception of Portugal's).

Stocks rose supported by the release of strong earnings, both in the U.S. and Europe, while in fixed-income markets sovereign yields on U.S. and Euro Area bonds edged up.

En la mesa de expertos “Perspectivas económicas 2024: desafíos en clave económica”, organizada por El Periódico de España y El Periódico, con Judit Montoriol, lead economist de CaixaBank Research,  María Jesús Fernández, economista sénior en el área de Coyuntura Económica de Funcas; Juan Pablo Riesgo, de EY Insights y People Advisory Services; Luciana Taft, consultora del área de Economía y Mercados de Analistas Financieros Internacionales (AFI), y Judith Arnal, investigadora senior del Center for European Policy Studies y del Real Instituto Elcano debaten los retos a los que se enfrenta la economía española en 2024.

Financial markets started the week with a sell-off session in stock markets as energy prices rose sharply following threats from the US to restrict oil imports from Russia and Russia threats to cut gas flows to Europe. In addition, the euro area investor sentiment index Sentix declined to -7.0 in March, the lowest level since November 2020.

Yesterday stock markets registered small declines both in Europe and the U.S. In sovereign bonds markets, yields edged higher in the U.S. while they decreased slightly in Europe.

En los últimos años, la inflación europea ha sido inferior a lo deseado por el BCE y, desde 2018, incluso ha ido perdiendo dinamismo. Esta debilidad se ha intensificado con la crisis de la COVID-19. ¿Será esta debilidad temporal o permanente?

In the final session of the week, market sentiment was mixed on both sides of the Atlantic. In Europe, government bond yields remained fairly flat following Thursday’s ECB meeting, after which investors see a first rate cut in April as more plausible. Major European stock market indices rallied on this expectation, posting a week of strong gains.

Investors in European markets exhibited a positive mood, and the main euro area stock market indices advanced by around 1.0 percent in yesterday's session (with the exception of the Portuguese PSI20, which remained flat).

The week began with European investors in a risk-off mood. Eurozone government bond yields rose on fresh hawkish comments from several ECB officials, including Lagarde, who emphasized the idea that the ECB could wait several meetings between cuts

Eurozone investors closed last week by reducing their risk exposure as the chances of a new French parliament willing to increase the country's budget deficit increased. This pushed eurozone government bond yields lower, although spreads widened, particularly on French bonds. Equity indices also fell across the board.

The European Commission's (EC) downward revision of economic growth forecast for the euro area worsened investor sentiment.

Without any major macroeconomic news to trade on, sovereign bond markets had a relatively quiet session yesterday with only minor price changes: yields edged down in the euro area, but rose in the US. Equities were mixed, posting gains in the US boosted by tech mega-caps, while European indices declined as sentiment remained weak.

Yesterday European assets suffered another risk-off episode (more moderated than the experienced in late May) after two euro skeptic economists from League were appointed as heads of economic committees of the Italian Senate.

European stock markets continued with the positive mood of the last session and gains were moderate and broad-based across the different European countries.