In the last session of the week, stocks rose across the board sparked by news from China.
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Markets suffered a risk-off session amid concerns over the debt ceiling in the U.S. Volatility jumped and stocks were lower across advanced and emerging economies as Republicans blocked a Democratic move to raise the debt limit. U.S. Treasury Secretary Janet Yellen warned that her department will run out of cash around October 18.
Stock markets rose across advanced and emerging economies as investors started an eventful week (Fed and BoE monetary policy meetings, brexit developments, an EU summit and key activity indicators) in a positive mood.
European stocks rose across the board as investors started the session in a positive mood.
Investors traded in a cautious mood in yesterday's session and stocks declined across the board.
Stocks were mixed and sovereign yields remained subdued as investors digested the outcome of Wednesday's Fed monetary policy meeting (see our take on the Fed's latest announcements here).
Stocks slipped across the board in a session where weaker than expected economic sentiment data took center stage.
In the first session of the week, investors operated with caution as they continued to digest the Fed's dovish message and the implications for the economic outlook of an inverted yield curve.
Markets ended the week in a positive mood and stocks advanced moderately across the board.
Market sentiment remained positive following a string of mostly positive earnings releases.
Europeanand Asian stocks advanced on the back of positive growth figures in China (see our assessment here) while U.S. stocks closed with a modest decline due to the release of mixed earnings results.
As financial markets were closed in most euro area countries, yesterday's focus was in the U.S., where the main equity indices ticked up in the lowest trading session since November.
Benoît Cœuré, member of the executive Board of the ECB, said yesterday in an interview that he is not favorable of tiering the central bank negative interest rates.
Disappointing economic sentiment data in Germany (April's Ifo sentiment was 99.2, from 99.6 in March) led to a downbeat mood in euro area financial markets.
Investor's remained cautious yesterday as they await for more clues on the upcoming macroeconomic and political outlook. In the U.S., results from technological companies surprised to the upside, while the industrial sector suffered from concerns about economic growth.
Stocks fell, the U.S. dollar appreciated against most currencies and U.S. and German sovereign yields ticked up as investors digested the outcome of Wednesday's Fed monetary policy meeting, which was in line with our expectation of no changes in monetary policy for the coming quarters.
Investor sentiment deteriorated after a Donald Trump tweet revived the trade tensions between the U.S. and China.
Stock markets rose in most advanced economies as investors perceived that the strength in the U.S. economy can continue without inflationary pressures.
Markets started the week in a moderately positive note and sentiment pushed European stocks mildly upwards.
Yesterday, the outcome of the Fed's meeting sparked a modest repricing of assets. U.S. stocks reversed early gains and U.S. sovereign yields declined.