Stocks were mixed in yesterday's session as investors digested several economic releases and the U.S. formally suspended the tariff increase on Chinese goods "until further notice" (as had already been announced by Trump).
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Stocks drifted lower after the top U.S. trade negotiator pushed back expectations for a deal that addresses the underlying trade tensions with China.
Financial markets were relatively quiet as investors waited for the Fed Chairman's testimony to the Senate.
Financial markets started the week with optimism and stock markets rallied worldwide on the back of positive developments in trade talks to replace Nafta.
Investors ended the week on a positive mood, supported by upbeat corporate earnings and favourable economic data. Markit's composite PMIs showed that July economic activity remained solid in the U.S. (59.7 points) and accelerated in Europe (EA: 60.6 points, a 21-year high; Germany: 62.5; France: 56.8).
Markets traded in a risk-on mood as investors signaled greater optimism about the economic recovery and lower concerns over inflation risks in yesterday's session. Volatility declined, stocks rose across advanced and emerging economies and tech-equities resumed their rally. Commodity prices also gained amid greater risk appetite.
Positive market sentiment faded in yesterday's session after the release of weak economic figures.
In the last session of the week, financial markets showed an upbeat tone on the back of a better perspective on China and U.S. trade talks.
Financial markets were little changed in the first session of the week, as U.S. markets were closed because of the President's Day holiday.
Financial markets remained in a cautious mood as the tariff increase truce approaches its end (currently set to end on March 1st) and investors awaited for the last Fed and ECB's meeting minutes.
In the last session of August, investors weighed the slowdown of some economic sentiment indicators (e.g.: U.S. Conference Board's consumer confidence at 113.8 from 125.1 in July and China's Composite PMI down to 48.9 in August from 52.4) against an upside surprise in the euro area inflation.
The new forward guidance of the ECB, a tilt more dovish, was received smoothly by financial markets in a session where investor sentiment continued to improve on the back of positive corporate results.
While analysts await for the U.S. and China trade talks to resume next week, financial markets received the last Fed's meeting minutes without big movements.
Financial markets exhibited a mixed mood as European stocks nudged down and U.S. indices struggled for direction but closed with small gains.
Markets started the week on a positive note.
Financial markets started the week in a positive mood after U.S. President Donald Trump postponed the date for increasing tariffs on Chinese imports.
In the last session of the week, stocks rallied across the board amid positive signs from U.S.-China trade negotiations.
In a session where the inflow of macroeconomic and sentiment data was abundant in the U.S. and in the euro area, investors read it, overall, in the downside.
Financial markets ended the week on a mixed tone.
U.S. stocks remained close to all-time highs while European stock market indices posted moderate gains (with the exception of the Italian MIB, which declined by -0.4%).