Evolution of the international financial markets and evaluation of the main events and economic indicators of the previous day session. Available in English.
Investors digested the Fed's third rate hike of the year (see our detailed analysis of the meeting here) with moderate stock market gains, relatively unchanged sovereign yields, and a mixed behavior in FX markets, where the euro eased to $1.16 while some EM currencies appreciated (such as the Turkish lira the Brazilian real) and others weakened (such as Argentina's peso).
Yesterday, markets were relatively quiet as investors awaited for the outcome of the U.S. Federal Reserve's meeting.
Stock markets were mixed, with slight gains in the Eurozone (with the exception of Spain's Ibex 35), a mixed behavior of the U.S.' main indices and small losses in emerging equities (which were driven by Latin American stocks and partially counterbalanced by Asian indices).
In fixed-income markets, U.S. and German sovereign yields ticked up. Sovereign spreads declined in Spain and Portugal but rose in Italy.
The main stock markets in advanced and emerging economies registered gains, with the exception of the Portuguese PSI and the Shanghai Index.
Stock markets in advanced economies registered moderate gains in a quiet session, as exemplified by the low volatility levels in which the VIX stood.
Global stock markets advanced in a session where trade-related concerns had a muted effect on sentiment.
Stock markets were mixed in Europe, where the German and French indices edged down and the Italian MIB gained more than 1%.
Global stock markets ended the week in a positive mood and the main indices registered moderate gains in advanced and emerging economies.
U.S. and emerging-economy stock markets advanced, while European indices were mixed.