Stocks rose moderately across advanced and emerging economies ahead of the Fed's meeting and as investors continue to eye U.S.-China negotiations.
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Markets continued to trade cautiously in a session dominated by political news.
Investors traded cautiously at the start of a week full of potential catalysts (Fed and ECB meetings, UK general elections, a U.S. tariff hike planned for December 15, etc.).
Financial markets closed the week with very positive mood amid better-than-expected economic data releases.
Trade tensions and the release of economic sentiment data were again the main drivers in the trading floors.
Investor sentiment weakened as Donald Trump lowered the odds for signing a phase-one trade deal with China before this year-end.
In yesterday's session, investor sentiment weakened amid the release of weak manufacturing data in advanced economies and Donald Trump's trade tweets.
In the last session of the week, investors traded with caution amid the U.S. - China tensions.
With U.S. markets closed for Thanksgiving Day, elsewhere investors traded cautiously as they eyed China's reaction to Donald Trump's signing two bills supporting Hong Kong's protesters.
Investors exhibited a greater preference for risk in yesterday's session.
Investors traded cautiously in yesterday's session as they wait for clearer signals that the U.S. and China will close the first phase of a trade deal.
In yesterday's session, investor sentiment improved on the back of positive corporate earnings releases and the expectation of continuing support from the fiscal and monetary policies.
Global stock markets started the week on the up as investors turned more optimistic on a phase-one trade deal between China and the U.S.
Markets ended the week on a positive note as investors welcomed remarks from the U.S. and China.
Markets started the week showing greater risk appetite as the World Health Organization listed AstraZeneca and Oxford University’s COVID-19 vaccine for emergency use. Stocks rose across advanced and emerging economies, the USD weakened moderately and commodity prices edged up. U.S. markets were closed for the Presidents day holiday.
Markets started the week on a cautious mood as concerns that the U.S. and China are struggling to close the first phase of a trade deal weighed on sentiment.
Markets ended the week with a mixed session in which there were no major economic releases.
On the back of advances in the trade negotiations between the U.S. and China, investor's risk appetite increased in yesterday's session.
Yesterday, the prevailing mood in the financial markets was calm before the end of Federal Reserve's meeting. Investors expect the central bank to keep the pace of asset purchases unchanged until at least August or September.
The Fed held its benchmark short-term interest rate and said it will continue to buy $80 billion in Treasury securities and $40 billion in mortgage-backed securities each month. Policymakers now see the first rate increase coming in 2023 instead of 2024.