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Yesterday, stock markets recorded widespread gains in the U.S. and Europe, while long-term sovereign yields nudged down.

In the first trading session of the year, stock markets rose in the U.S. and they were mixed in Europe, declining in core countries and advancing in the Euro Area periphery.

U.S. and European stock markets declined in the last trading session of 2017.

Stock markets advanced in the U.S. and experienced a generalized decline in Europe, while sovereign yields picked up both in the U.S. and the Euro Area.

As usual, trading volumes thinned after the Christmas holiday.

In the last trading session before Christmas, stock markets declined and long-term sovereign yields remained stable (with the exception of Portugal, whose risk premium undid part of the week's strong decline as investors are still calibrating the implications of the improved sovereign rating)

International stock markets closed on a positive note yesterday with slight increases both in Europe and in the U.S. while yields in sovereign bond markets remained relatively stable.

International stock markets were mixed with stronger declines in Europe and slighter decreases in the U.S., suggesting investors consider the effect of the tax reform is sufficiently priced in.

Slight declines in most developed stock markets, undoing part of Monday’s increases, as investors remained sensitive to news about the U.S. tax reform.

Developed stock markets registered reasonable gains as the earning season started on a the right foot, especially in the US.

International stock and sovereign bonds markets remained relatively unchanged during the last day of the week.

US stock markets slipped in a low-volume session in which treasury markets were closed for the Columbus Day holiday.

Markets were relatively quiet, with mild movements in stock markets (advancing in the US and retracing in Europe) and stable sovereign yields.

Stocks and sovereign yields retreated as investors weighted the Federal Reserve's next policy move.

Investors remained cautious during the last day of the week with most of the main developped stock markets relatively stable and small decreases in sovereign yields.

Small gains in most of the stock markets with the exception of the Spanish stock market that registered loses due to the tensions regarding the Catalan question.

Investors remained relatively cautious with small gains in most of the developed stock markets and slight decrease in European sovereign yields.

Stock markets ended the week on a positive note as they advanced supported by good earnings and macroeconomic data.

As expected, the European Central Bank announced its plan to halve its monthly bond purchases to 30 billion euros starting in January.

Equities went down in most of the developed countries as investors are assessing earnings and remain prudent before the ECB meeting.