Financial Markets Daily Report

Buscar

Advanced financial markets started the week in an optimistic mood. Stock market indices advanced moderately both in the U.S. and Europe (except for the Italian MIB).
 

Markets ended the week on a positive note as stocks rallied, U.S. and German sovereign yields ticked up and euro area peripheral sovereign spreads declined strongly.

Financial markets showed a less negative sentiment on Italian assets, as M5S and Lega closed a new government deal that eased concerns on euro break-up.

Investors exhibited a more optimistic mood after the safe haven episode experienced on Tuesday.

Political uncertainty in Italy triggered another flight-to-quality episode in global financial markets.

European stock markets edged down, with the Italian FTSE MIB leading the losses and declining more than 2%.

European stock markets were mixed, with the Ibex and the Italian FTSE MIB loosing 1.7 percent and 1.5 percent respectively.

U.S. stock markets registered slight declines after President Trump had decided to cancel the summit with the North Korean leader Kim Jong Un.

Minutes of the Federal Reserve's May 1-2 meeting showed officials said the economic outlook warranted another interest-rate hike "soon".

U.S. stock markets registered slight losses while in Europe the main indices advanced timidly, with increases around 0.5 percent.

European fixed-income markets started the week with a safe-haven movement as Italy's Lega and M5S agreed on Giuseppe Conte (a law professor from Florence University) as their pick for prime minister.

European markets closed yesterday's session in a more positive mood.