Yesterday, investors traded cautiously ahead of the eagerly anticipated U.S.-China meeting on Saturday and amid mixed messages from the U.S. Administration regarding trade negotiations.

Las bolsas europeas repuntaron con fuerza al calor de las nuevas referencias macroeconómicas de China.

In the first session of the week, optimism regarding trade negotiations between the U.S. and China (as Donald Trump said that talks are "going very well") and higher-than-expected earnings of U.S. companies improved investor sentiment.

Precaution continued to set the tone during the first session of the week, with investor sentiment negatively affected by the ongoing deterioration of COVID infections across China and the likely imposition of more restrictions.

Global stock markets started the week on the up as investors turned more optimistic on a phase-one trade deal between China and the U.S.

Financial markets started the week in a quiet mood as investors awaited the beginning of the earnings' season, the ECB meeting and more clues on the trade negotiations between the U.S. and China.

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

En una nueva jornada con bajos volúmenes de negociación, las bolsas europeas recuperaron las pérdidas del lunes gracias al rebote del precio del petróleo y a los buenos datos de confianza del consumidor y precios de vivienda en EE. UU., que contrarrestaron los malos indicadores recientes de China.

Risk appetite extended across markets on Thursday, as fears about inflation and monetary tightening eased following soft labour data in the US (weekly jobless claims rose to the highest level since January). Meanwhile, news reported that China’s government is considering more fiscal support by raising by $220bn the issuance of special bonds.

Driven mainly by the trade tensions of the U.S. with China and, more recently, Mexico, stock indices in advanced economies declined, the price of gold rose and the Japanese Yen appreciated, in a canonical example of a risk-off session.

Markets ended the week in a mixed mood as investors pondered over the Fed's plans for stimuli withdrawal, risks from China's Evergrande and the announcement that Chinese authorities will ban all transactions and mining related to cryptocurrencies. Global stocks declined or closed flat while the USD rose against most AE and EM currencies.

Los mercados internacionales continúan bajo la influencia de las señales de debilidad del crecimiento en China (el PMI manufacturero de agosto se sitúa en su nivel más bajo en 3 años) y, más recientemente, unos mensajes menos acomodaticios por parte de diversos dirigentes de la Fed en Jackson Hole.

Markets traded in a cautious mood as concerns about global growth (some companies blamed slowing global growth for disappointing results) and trade tensions (U.S. prosecutors filed criminal charges against Huawei and its CFO while China asked the WTO to rule on its complain about U.S. tariffs) came back to the fore.

Investor's risk-off mood remained present in yesterday's session amid hesitation on whether the U.S. and China will finally sign a phase-one trade deal this year.

Global stocks strengthened and core sovereign yields advanced on the back of improving sentiment indicators in the U.S. and China's manufacturing sectors.

In yesterday's session, investors exhibited an upbeat tone as both China and the U.S. showed cautious optimism after the top-level trade talks.

Global stock markets were mixed as investors gauge the implications of the latest changes in the Trump administration, especially after the declarations of the new White House economic adviser Larry Kudlow that signaled support for a strong dollar and took a tough line on China.

Markets traded cautiously as investors awaited news regarding trade negotiations between the US and China. The World Bank cut its global economic growth forecast, pointing to uncertainty brought by trade war as the main cause. In today's session, financial markets will focus on US CPI data for May.

Escalating tensions between the U.S. and China led to higher financial volatility and a shift from risky assets to safe bonds in yesterday's session.