Global stocks strengthened and core sovereign yields advanced on the back of improving sentiment indicators in the U.S. and China's manufacturing sectors.
Search results
After a strong start of the week, financial markets steadied in yesterday's session. European stocks advanced moderately on the back of carmakers while U.S. stocks finished with small gains after being lower for most of the session.
Markets exhibited a positive performance after the release of better-than-expected sentiment indicators in the euro area.
Market sentiment remained positive amid upbeat messages on the trade talks and global stocks advanced moderately.
Financial markets ended the week with an optimistic tone, on the back of better-than-expected employment creation in the U.S. and advances in trade negotiations between the U.S. and China.
Financial markets started the week in a quiet mood as investors awaited the beginning of the earnings' season, the ECB meeting and more clues on the trade negotiations between the U.S. and China.
Investor's sentiment turned slightly pessimistic in yesterday's session as concerns on global growth and trade tensions between the U.S. and the EU reemerged. In this context, stock indices decreased in most advanced economies and yields on sovereign bonds edged down.
Investor's sentiment improved on Thursday on the back of positive economic data in the U.S. (jobless claims decreased to a 49-year minimum).
Investors ended the week in a positive note on the back of improving economic indicators in China.
Markets started the week in a moderately positive note and sentiment pushed European stocks mildly upwards.
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.
Markets ended the week in a positive mood and stocks advanced moderately across the board.
Global stocks started the week on the up as U.S. and China representatives resume formal trade talks in Beijing.
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.
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.