In the last session of the week, renewed concern over the coronavirus overshadowed positive economic data releases and markets retreated, reversing the gains recorded earlier in the week.
Search at CaixaBank Research
Search results
3126 results found for tourism report
Yesterday China announced that it would halve tariffs on $75 billion of U.S. products as agreed in the trade deal's Phase one.
In yesterday's session, investor sentiment continued to recover for the year-lows, supported by positive economic releases and waning fears of the financial fallout from a virus out of China.
Yesterday investor sentiment continued to recover from previous session’s sell-off mood.
Investor sentiment improved in the first session of the week boosted by better-than-expected business sentiment indicators in advanced economies and a stabilization of investor's concerns over the coronavirus impact on the economy.
Financial markets ended the week with another risk-off session as investors continued to consider the potential damage that coronavirus may have on the economy.
Markets suffered another risk-off session amid concerns on the impact of the coronavirus outbreak and news of production delays and closing stores.
Markets traded with caution ahead of the Fed's meeting and as investors continued to show concern over the coronavirus.
Market sentiment steadied in the second session of the week. Volatility eased and global stocks (with the exception of Asia) recovered some of the ground lost on Monday.
Markets started the week on a risk-off mood, driven by concerns over the economic impact of the coronavirus outbreak in China.
In the last session of the week, investors digested a mixed release of January's PMIs in advanced economies.
In yesterday's session, investors focused on the ECB Governing Council meeting, which delivered no big surprises.
The resumption in trade negotiations between China and US boosted stock indices across the globe at the beginning of yesterday's session.
In yesterday's session, investors traded in a cautious mood and demand for safe haven assets increased.
Investors traded with a cautious mood in yesterday's session amid improving economic sentiment indicators. In particular, services PMIs improved in the euro area but remain in contraction territory (below 50).
Treasury yields fell as Federal Reserve Chairman Powell testified before Congress that rising inflation is likely to be transitory and that the central bank would continue to support the economy. The Bank of Japan left its 10-year bond yield target unchanged at about 0% after concluding its meeting and also kept the policy-balance rate at -0.1%.
In the last session of the week investors traded in a cautious mood ahead of an eagerly anticipated political weekend.
Yesterday, investors traded cautiously ahead of the eagerly anticipated U.S.-China meeting on Saturday and amid mixed messages from the U.S. Administration regarding trade negotiations.
Investor sentiment improved in yesterday's session with the expectation of an extension of the accommodative monetary policy stance. Analysts expect Christine Lagarde to follow Mario Draghi's approach and provide monetary stimulus in the coming quarters.
Last Friday, investors' sentiment worsened amid rising COVID-19 cases, now more contagious with the Delta variant.