Search results

Investors started the week on a prudent note as they reassessed expectations of a Fed rate cut in the light of recent strong U.S. labor market data.

In U.S. markets, stocks advanced and sovereign yields declined for short-maturity treasuries (the U.S. sovereign curve steepened) as messages from the U.S. Federal Reserve made investors confident that the Fed will cut rates soon.

Financial markets started the week with caution as they await for more earnings releases, which will be a key driver of stock markets in the next sessions.

Escalating trade tensions between the US and China worsened investor sentiment and motivated safe-haven flows in the last session of the week.

Financial markets buckled on Monday after China let its yuan weaken below 7 to the dollar, an 11 year low, adding to broad risk aversion on concerns about the escalation of the US – China trade tensions.

Stock markets rose mildly in most trading floors while yields on sovereign bonds edged up in the US and declined in the euro area (the German Bund reached a new minimum yielding -0.58%).

Markets traded cautiously as investors shifted their attention from this week's monetary policy meetings to the resumption of trade negotiations between the U.S. and China.

Investor sentiment improved on the back of the optimistic tone expressed by Donald Trump in relation to the trade negotiations with China.

Markets started the week with modest gains on the back of conciliatory statements from U.S. and Chinese officials (a White House trade adviser dismissed the idea of delisting Chinese companies as "fake news"; a Chinese official asked for a "constructive attitude" towards resolving differences).

Investor sentiment improved on the back of hope of progress in the negotiations between China and the U.S. According to media reports, Chinese officials are open to accept a partial deal, although a broader one is unlikely.

Markets started the week cautiously as investors moderated their hopes about the U.S.-China preliminary deal.

Investors started the week trading with optimism due to positive signs on the trade talks between the U.S. and China.

Investors traded in a cautious mood in the first session of the week. Volatility rose, U.S. equities declined moderately and European and EM stocks nudged up.

Financial markets ended the day with positive results, as better-than-expected Q3 corporate earnings and economic data (new jobless claims in the U.S. fell to 293k last week) outweighed worries about inflationary pressures.

In yesterday's session, investors traded with an optimistic tone amid positive corporate results in the U.S. and dovish comments by central bank officials. In particular, ECB Olli Rehn, reiterated that the current spike in inflation is mostly temporary, although some factors pushing up inflation might be more persistent than initially thought.

In yesterday's session, financial markets traded with an optimistic tone amid positive corporate earnings releases in the U.S. and across Europe. Investors remain concerned, though, about inflationary pressures as the Fed's Beige Book reported significant increases in prices and wages in a decelerating economy.

In yesterday's session, financial markets ended with mixed results, following the better-than-expected economic data releases in the U.S. (October retail sales and industrial production rose by 1.7% and 1.6 m-o-m, respectively) and comments from various Fed officials.

Inflation remained the key focus of investors on Thursday, following comments by Fed and IMF officials that the rebound in prices might be more broad based and "sticky".

In yesterday's session, investors traded with a risk-off mood amid rising concerns over the omicron variant, rising inflation in the euro area (headline 4.9% and core 2.6%) and hawkish comments by Fed members.

In yesterday's session, investors focused their attention to mounting inflationary pressures (US PPI rose by 0.8% mom in November, while consensus expected +0.5%) and the potential response from central banks.