08 febrero 2019
The European Commission's (EC) downward revision of economic growth forecast for the euro area worsened investor sentiment.
Evolution of the international financial markets and evaluation of the main events and economic indicators of the previous day session. Available in English.
The European Commission's (EC) downward revision of economic growth forecast for the euro area worsened investor sentiment.
As investors awaited for more clues on the evolution of trade negotiations between the U.S. and China, financial markets remained in a low volatility environment.
Financial markets operated in a positive tone as the earnings season continued to show higher-than-expected results for most companies.
In the first session of the week, optimism regarding trade negotiations between the U.S. and China (as Donald Trump said that talks are "going very well") and higher-than-expected earnings of U.S. companies improved investor sentiment.
In the last session of the week, investors traded in a cautious mood as they continued to digest the Fed's more dovish and patient tone.
The Fed's dovish turn (see), better-than-expected earnings releases, and a positive end to U.S.-China trade negotiations in Washington (to be continued in mid-February) fueled a rally in U.S. and EM stocks.
Ahead of the outcome of the U.S. Federal Reserve meeting, investors traded in a relatively quiet mood as they watched developments around the two-day trade talks between Chinese and U.S. negotiators.
Investors traded in a mixed mood ahead of this week's trade talks and the Fed's meeting.
Markets traded in a cautious mood as concerns about global growth (some companies blamed slowing global growth for disappointing results) and trade tensions (U.S. prosecutors filed criminal charges against Huawei and its CFO while China asked the WTO to rule on its complain about U.S. tariffs) came back to the fore.