22 octubre 2018
In the last session of the week, investors traded cautiously and stocks closed flat or with moderate losses.
Evolution of the international financial markets and evaluation of the main events and economic indicators of the previous day session. Available in English.
In the last session of the week, investors traded cautiously and stocks closed flat or with moderate losses.
In yesterday's session, financial markets operated in a risk-off scenario, partly fueled in Europe by the European Commission's response to the Italian budget, which hints the possibility of a rejection from Brussels.
In yesterday's session, political uncertainty weighted on European financial markets, while the September's Fed meeting minutes focused the attention in the U.S.
In the last session of the week, the mood was disparate in both sides of the Atlantic. In Europe, losses in the main stock markets were moderate and broad-based, while in the U.S., the S&P 500 bounced back from the losses registered on previous days.
Volatility spiked amid fears that U.S.-China trade tensions may have damaged Q3 corporate earnings.
Global financial markets continued to trade on a cautious mood and U.S. and emerging-economy stocks nudged down.
Global risk aversion and tensions around Italy's fiscal stance continued to drive financial markets.
Stock markets declined across the board in the last trading session of the week, while in fixed-income markets U.S. and German sovereign yields ticked up and Italy's sovereign spread rose to 285bp.