Global stock markets registered slight declines, with lower losses for the main U.S. indices.
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U.S. stock markets registered slight losses while in Europe the main indices advanced timidly, with increases around 0.5 percent.
Political uncertainty in Italy triggered another flight-to-quality episode in global financial markets.
Investors exhibited a more optimistic mood after the safe haven episode experienced on Tuesday.
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.
Yesterday, risk aversion returned to European markets (although less sharply than last week) as investors reacted to Italian PM Giuseppe Conte's maiden speech in the Senate.
Markets were calm amid prospects of diminishing geopolitical risks after President Donald Trump and Kim Jong Un pledged to work towards North Korea's denuclearization during the historical summit held yesterday in Singapore.
As it was broadly expected, Federal Reserve officials decided to raise interest rates for the second time this year.
Trade tensions between U.S. and China increased as the U.S. Administration announced that it will impose tariffs on Chinese goods.
With U.S. markets closed for Independence Day and no major economic releases, the trading session was relatively quiet.
Investors returned from the U.S. holiday with a positive mood, and U.S. and euro area stocks registered broad-based and strong gains.
Stock markets started the week with a mixed session and dragged by energy companies.
Investors exhibited a positive mood in a relatively quiet session. U.S. and European stock market indices advanced across the board, while emerging economy indices were mixed.
Stock markets in advanced economies increased following good news of the earnings season.
European stock markets experienced broad-based losses, except for the Portuguese PSI 20 which gained 0.2%.
European stock markets responded positively to the agreements reached between Jean-Claude Juncker and Donald Trump regarding trade policy
Stock indices in advanced economies edged down, except for the Portuguese PSI 20 which rose by 0.2%.
Stock markets in advanced economies registered moderate and broad-based gains, except for the Portuguese PSI 20 that declined 0.3%
Stock markets in advanced economies closed the trading session with no major changes.
Financial markets ended the week on a mixed tone.