Markets ended the week on a positive note as investors welcomed remarks from the U.S. and China.
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Investor's risk-off mood remained present in yesterday's session amid hesitation on whether the U.S. and China will finally sign a phase-one trade deal this year.
In yesterday's session, investors traded with caution as concerns of further escalation in trade tensions rose after Donald Trump said that tariffs on Chinese products might increase if a deal is not signed.
In the first session of the week, investors traded with caution amid mixed news on the trade front.
Financial markets ended the week with a positive tone as investors perceived that a partial trade deal between the U.S. and China is closer. More concretely, the U.S. Commerce Secretary, Wilbur Ross, said that progress was being made in the agreement's details.
Markets continued to reduce their risk appetite after yesterday's release of Chinese indicators and as investors reassess the prospects of closing a U.S.-China deal soon.
Markets tilted towards a risk-off mood in a session dominated by U.S. news. U.S., German and other core sovereign yields declined, euro area peripheral spreads widened, safe-haven currencies (such as the CHF and the JPY) appreciated against the USD (while the euro was roughly stable), and stocks exhibited a poor performance globally.
Markets exhibited a somewhat more positive mood on the back of recovering sentiment indicators and as investors continued to eye trade talks developments.
Markets exhibited a more cautious tone in yesterday's session, leading stock markets to a mixed performance across advanced and emerging economies.
In the last session of the week, investors traded cautiously as they awaited for what was expected to be a key vote in the U.K. on Saturday.
Investors started the week trading with optimism due to positive signs on the trade talks between the U.S. and China.
Yesterday, investors were cautious in a session with mixed signs around trade tensions and brexit.
In yesterday's session investors traded with a positive tone while awaiting for today's ECB monetary policy decision.
Yesterday's session was driven by the last ECB meeting chaired by Mario Draghi and October's flash PMIs
Investor optimism around trade talks led to a moderate risk-on mood at the end of the week. In particular, officials said that sections of the first phase of a trade deal between the U.S. and China are nearly completed.
Markets started the week on a risk-on mood and on the back of fresh optimism on U.S.-China trade talks.
On the back of advances in the trade negotiations between the U.S. and China, investor's risk appetite increased in yesterday's session.
In yesterday's session, the positive mood that investors showed in the previous days seemed to abate.
The appetite for risk that investors showed in the previous sessions seemed to moderate on Tuesday and risk-on flows were more contained.
Markets ended the week with a mixed session in which there were no major economic releases.