21 mayo 2020
In yesterday's session, investor sentiment improved on signs that the US economy will continue to reopen.
Evolution of the international financial markets and evaluation of the main events and economic indicators of the previous day session. Available in English.
In yesterday's session, investor sentiment improved on signs that the US economy will continue to reopen.
Investors traded more cautiously in yesterday's session as they weighted mixed news on Covid-19 vaccine developments and regulators ended their short-selling bans in several European economies. In this context, U.S. and European stocks retreated after Monday's rally.
Investors started the week in a risk-on mood, supported by a French-German deal on a EU policy package and amid promising early results for an experimental vaccine against COVID-19.
Investor sentiment worsened as new COVID-19 cases appeared in countries which started to reopen, s.a. Germany or South Korea.
Investor sentiment improved in the last session of the week despite the release of April's U.S. employment report, which showed the largest job's loss since the Great Depression.
As markets continue to struggle for direction, yesterday volatility declined and European and U.S. stock markets rose on the back of some positive earnings reports and as investors looked past weak economic releases.