Last Thursday, investors traded with moderate optimism amid the announcement of new policy measures.
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Volatility nudged down and most global stock indices advanced, while oil prices rose as OPEC+ producers said they would accelerate planned production cuts.
In yesterday's session, investor sentiment improved as some European countries and U.S. states moved toward gradually reopening their economies.
Markets ended the week in a risk-off mood.
Germany's Constitutional Court cast a shadow over the ECB's asset purchase programs.
As markets continue to struggle for direction, yesterday volatility declined and European and U.S. stock markets rose on the back of some positive earnings reports and as investors looked past weak economic releases.
Financial markets started the week with a cautious mood.
Investors started the week in a risk-on mood, supported by a French-German deal on a EU policy package and amid promising early results for an experimental vaccine against COVID-19.
In yesterday's session, investor sentiment improved on signs that the US economy will continue to reopen.
In yesterday's session, investor sentiment worsened amid weak economic data releases and mounting trade tensions between the US and China.
Investor sentiment brightened moderately on the back of easier activity restrictions in advanced economies as well as on signs of improvement in a German activity survey.
Supported by the European Commission proposal of a €750 billion recovery plan, investor sentiment continued to improve.
In yesterday's session investors continued to find relief in the European Commission's recovery plan. Sentiment also benefited from economic indicators showing a gradual improvement in activity.
Markets started the week on a positive note as recovering activity indicators for May offset concerns over renewed U.S.-China tensions.
Investors traded cautiously and stock markets lost some ground after having advanced strongly in the previous days.
In yesterday's session, investors traded with caution and leaned towards safer assets as they awaited for today's Federal Reserve monetary policy meeting conclusion.
In yesterday’s session, investors traded cautiously ahead of the Federal Reserve monetary policy meeting.
In yesterday's session, investors traded cautiously in Europe as the European Commission's downbeat economic projections still weighed on sentiment.
Markets continued to exhibit a mixed performance as investors weighed data releases and increasing COVID-19 infections. European stocks and sovereign yields declined after euro area industrial production had posted a lower-than-expected rebound in May (+12.4% mom and -20.9% yoy). Yet, in FX markets the euro rose towards $1.14.
Investors ended the week in a cautious mood as rising U.S.-China tensions overshadowed a rebound in economic sentiment indicators.