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Stock indices in advanced economies edged down with the clear exception of the Italian MIB, which continues to recover from last month's losses.

Stock markets dropped across advanced and emerging economies amid higher trade-related uncertainty.

The threat of further trade tariffs between China and the U.S. continued to drive financial volatility up in yesterday's session.

Stock markets in advanced economies were mixed.

Trade tensions continued to impose a cautious tone in financial markets amid news that China would seek the World Trade Organization's support to impose sanctions on the U.S. over dumping tariffs.

Global stock markets were mixed in yesterday's session. In the U.S., the S&P 500 closed flat while in Europe stocks rose across the board.

U.S. and emerging-economy stock markets advanced, while European indices were mixed.

Global stock markets ended the week in a positive mood and the main indices registered moderate gains in advanced and emerging economies.

Stock markets were mixed in Europe, where the German and French indices edged down and the Italian MIB gained more than 1%.

Global stock markets advanced in a session where trade-related concerns had a muted effect on sentiment.

Stock markets in advanced economies registered moderate gains in a quiet session, as exemplified by the low volatility levels in which the VIX stood.

The main stock markets in advanced and emerging economies registered gains, with the exception of the Portuguese PSI and the Shanghai Index.

In fixed-income markets, U.S. and German sovereign yields ticked up. Sovereign spreads declined in Spain and Portugal but rose in Italy.

Stock markets were mixed, with slight gains in the Eurozone (with the exception of Spain's Ibex 35), a mixed behavior of the U.S.' main indices and small losses in emerging equities (which were driven by Latin American stocks and partially counterbalanced by Asian indices).

Yesterday, markets were relatively quiet as investors awaited for the outcome of the U.S. Federal Reserve's meeting.

Investors digested the Fed's third rate hike of the year (see our detailed analysis of the meeting here) with moderate stock market gains, relatively unchanged sovereign yields, and a mixed behavior in FX markets, where the euro eased to $1.16 while some EM currencies appreciated (such as the Turkish lira the Brazilian real) and others weakened (such as Argentina's peso).
 

The last session of the week was marked by the announcement of the Italian 2019's fiscal deficit target (2.4% of GDP), which weighted on most European assets.

Financial markets started the week in a positive mood after Canada finally agreed to join the U.S.-Mexico trade deal.

Yesterday's session was once again dominated by the uncertainty around the 2019's Italian fiscal deficit. In this context, the Italian risk premium continued to rise and exceeded the maximums reached in May (above 300bp).

Stock markets had a positive tone and gains in equity indices were broad-based across advanced and emerging economies.