Markets ended the week in a mixed session.
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Financial markets behaved differently on both sides of the Atlantic, reacting to different drivers.
Investor sentiment improved on the back of the optimistic tone expressed by Donald Trump in relation to the trade negotiations with China.
In yesterday's session, financial assets' valuations fluctuated on economic sentiment data, news on trade tensions, and increasing talks among Democrats of impeaching President Trump (which was publicly announced once markets closed).
Financial markets ended the week amid mixed signals from trade negotiations and monetary policy.
Markets traded cautiously as investors shifted their attention from this week's monetary policy meetings to the resumption of trade negotiations between the U.S. and China.
U.S. stocks and 10-year sovereign yields ended little changed as investors digested the outcome of yesterday's Fed meeting.
Global stocks were mixed as market attention shifted from the weekend's attack on Saudi Arabia's oil facilities to today's Fed meeting.
Investors flew to safe-haven assets in the first session of the week as they reacted to the weekend's drone strike on Saudi Arabia's oil production facilities.
On Friday, sovereign yields rose and European stocks edged up as investors digested the new round of ECB stimulus.
The long awaited ECB monetary policy meeting came with few surprises and Mario Draghi, its President, announced a package of stimulus measures which caused back-and-force movements in financial valuations.
Investor sentiment continued to improve in yesterday's session as trade tensions between China and the U.S. moderated.
Financial markets started the week with a positive tone as investors perceived that trade tensions between China and the U.S. moderated.
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.
Markets started the week on a constructive note as investors found support on positive geopolitical gestures.
Markets are suffering a turbulent summer.
Stock markets rose mildly in most trading floors while yields on sovereign bonds edged up in the US and declined in the euro area (the German Bund reached a new minimum yielding -0.58%).
Escalating trade tensions between the US and China worsened investor sentiment and motivated safe-haven flows in the last session of the week.
Trade concerns returned to financial markets' center stage as Donald Trump announced that the US will impose 10% tariffs on the remaining $300 billion Chinese imports, starting on September 1st.
Financial markets were mixed in yesterday's session.