Financial Markets Daily Report30 junio 2021
In yesterday's session, investors traded with an optimistic mood following positive economic sentiment data releases for June in the euro area (EC Economic confidence rose from 114.5 to 117.9) and in the US (Conference Board consumer confidence at 127.3 from 120.0).
- In yesterday's session, investors traded with an optimistic mood following positive economic sentiment data releases for June in the euro area (EC Economic confidence rose from 114.5 to 117.9) and in the US (Conference Board consumer confidence at 127.3 from 120.0).
- In this context, stock indices advanced modestly in both sides of the Atlantic, with the S&P 500 closing at a new record high while yields on 10-year sovereign bonds edged up. In FX markets, the US dollar strengthened against most advanced and emerging economies' currencies and the euro fluctuated close to $1.19.
- Today Eurostat will release June's inflation figure for the euro area. It is expected to moderate slightly from the 2.0% posted in May, following the decrease in Germany's HICP (2.1% yoy from 2.4% in May) and in Spain's CPI (2.6% from 2.7% in May, more details here).