After the risk-off session of Monday, triggered by the depreciation of the Chinese yuan above the 7 yuans per US dollar threshold, financial markets' volatility moderated and stock indices edged down in Europe and rose in the US.

Financial markets started the week with a positive tone as investors perceived that trade tensions between China and the U.S. moderated.

Investor sentiment continued to improve in yesterday's session as trade tensions between China and the U.S. moderated.

Markets started the week cautiously as investors moderated their hopes about the U.S.-China preliminary deal.

Markets moderated their gains in yesterday's session as investors focused on geopolitical developments and a few economic data releases.

Investor optimism around trade talks led to a moderate risk-on mood at the end of the week. In particular, officials said that sections of the first phase of a trade deal between the U.S. and China are nearly completed.

En 2019, el sector turístico mantendrá una evolución positiva, aunque se prevé que los excepcionales ritmos de crecimiento de los últimos años se diluyan, en consonancia con la moderación observada en 2018. El gran reto para el sector será consolidar las excelentes cifras de turistas internacionales de los últimos años a la vez que orienta su estrategia hacia los segmentos de mayor valor añadido.

Markets were mixed as investors eyed the Fed meeting. Ahead of its decisions, European stocks declined moderately and sovereign yields were little changed.

The appetite for risk that investors showed in the previous sessions seemed to moderate on Tuesday and risk-on flows were more contained.

Stocks rose moderately across advanced and emerging economies ahead of the Fed's meeting and as investors continue to eye U.S.-China negotiations.

In yesterday's session, investors traded with moderate optimism amid improving sentiment regarding the economic outlook for the coming quarters.

Markets underwent a mixed session as the U.S. and China signed their phase-one trade deal. U.S. stocks advanced mildly while most AE and EM indices declined moderately.

Investors traded with moderate optimism in a session in which U.S. markets were closed due to President's Holiday.

In the first session of the week, investor sentiment improved moderately amid mixed virus-related news.

In yesterday's session, investors’ risk appetite rose moderately despite the release of recession-like economic data.

Last Thursday, investors traded with moderate optimism amid the announcement of new policy measures.

Volatility nudged down and most global stock indices advanced, while oil prices rose as OPEC+ producers said they would accelerate planned production cuts.

Investor sentiment brightened moderately on the back of easier activity restrictions in advanced economies as well as on signs of improvement in a German activity survey.

Markets were mixed in yesterday's session. U.S. stocks surged, while EM equities posted modest increases and European stocks declined moderately.

Volatility nudged down in the first session of Q3 2020. U.S. stocks advanced moderately as economic indicators recovered (ISM manufacturing at 52.6 points in June, its first reading above the 50-threshold since early 2020). Elsewhere, stocks declined in Europe and gained in EM.