Risk aversion intensified on Monday after President Trump reinstated the Hormuz blockade for Iranian ships and imposed a transit levy on non-Iranian cargo, fuelling concerns over energy supply disruptions. Brent crude oil prices rose sharply, inflation expectations moved higher and market volatility increased.
Search results
Thursday was dominated by a hawkish-hold FOMC, ongoing AI-capex concerns, and a sharp re-escalation of the US-Iran war.
Tuesday's session opened September on a risk-off note. The re-escalation of U.S.-Iran tensions continued to fuel a rally in oil and gas prices, adding pressure to market-based inflation expectations and reinforcing market-implied probabilities of Fed and ECB rate hikes.
Markets closed on a mixed note on Friday, as a blowout US employment report showed job creation well above expectations in August (162,000 vs. 55,000 expected), alongside an upward revision to July's figures. Hawkish comments from the Fed's Hammack also pushed up market expectations for a Fed rate hike, with a September move priced in again.
A risk-off mood prevailed across financial markets on Tuesday, as energy prices rose, with Brent crude oil nearing $100 and TTF natural gas climbing above €75. Market-based inflation expectations increased, particularly in the US, as did expectations for higher interest rates, with a Fed hike next week priced at a 60% probability.
Las bolsas europeas han registrado leves descensos en una jornada marcada por el discurso de Theresa May sobre las negociaciones del brexit.
Investors have been relatively cautious as they continue to assess Trump's tax proposal. As a consequence, stock markets remained relatively stable.
Stock markets advanced in Europe and the US as German sovereign yields remained stable and US yields edged up.
US stock markets slipped in a low-volume session in which treasury markets were closed for the Columbus Day holiday.
Markets were relatively quiet, with mild movements in stock markets (advancing in the US and retracing in Europe) and stable sovereign yields.
Stocks and sovereign yields retreated as investors weighted the Federal Reserve's next policy move.
Investors remained relatively cautious with small gains in most of the developed stock markets and slight decrease in European sovereign yields.
Last week, markets closed on a relative stable note with slight rebounds in sovereign debt yields and relative stability in most of the developed stock markets.
Investors remain prudent as the earnings season unfold.
As expected, the European Central Bank announced its plan to halve its monthly bond purchases to 30 billion euros starting in January.
Stocks climbed in Asia and the US but slipped in Europe and sovereign yields declined.
Stock markets were mixed, with moderate advances in the US and small losses in Europe.
Stock markets fell worldwide, with more marked declines in Europe than in the US.
Stock markets fell throughout the main advanced economies and sovereign yields picked up.
U.S. stock markets remained relatively stable as investors continue to monitor developments on U.S. tax reform discussions while European equity markets registered slight decreases.