Markets ended the week in a positive mood and stocks advanced moderately across the board.
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Global stocks started the week on the up as U.S. and China representatives resume formal trade talks in Beijing.
Yesterday, the outcome of the Fed's meeting sparked a modest repricing of assets. U.S. stocks reversed early gains and U.S. sovereign yields declined.
Stocks fell, the U.S. dollar appreciated against most currencies and U.S. and German sovereign yields ticked up as investors digested the outcome of Wednesday's Fed monetary policy meeting, which was in line with our expectation of no changes in monetary policy for the coming quarters.
Stock markets rose in most advanced economies as investors perceived that the strength in the U.S. economy can continue without inflationary pressures.
Investor sentiment deteriorated after a Donald Trump tweet revived the trade tensions between the U.S. and China.
Global stock markets extended the losses as investors digested the turn in trade negotiations between the U.S. and China.
Financial markets are still operating with a pessimistic tone since the U.S. and China stepped back in the trade negotiations this weekend.
In yesterday's session, investor sentiment worsened as the U.S. and China could not reach a last-minute agreement to avoid today's tariff increase from 10% to 25% on $200 billion of Chinese imports.
Investor sentiment has stopped deteriorating as trade negotiations between the U.S. and China keep on going despite the increase in tariffs that took place on Friday.
Trade tensions continued to rattle financial markets at the start of the week.
Investor sentiment improved in yesterday's session after President Trump signaled that the U.S. and China will continue to negotiate a trade deal.
Easing trade tensions between the U.S. and some of its main trade partners improved investor sentiment.
Stocks rose across advanced economies as the rebound in risk assets from the trade-driven sell-off continued.
Stocks fell across the board in the last session of the week.
Stock indices in advanced economies tumbled as the Donald Trump administration put the Chinese telecom Huawei in the blacklist that could forbid it from doing business with U.S. companies.
Investor sentiment improved mildly as news coming from the trade tensions between the U.S. and China were slightly conciliatory.
In yesterday's session, investors focused on brexit news, the release of the last Fed meeting minutes and trade tensions between the U.S. and China.
In yesterday's session a risk-off mood dominated investor sentiment. Stock indices declined across the globe and the price of safe assets (such as U.S. Treasuries, Japanese yen, Swiss franc and gold) rose.
Markets closed a volatile week on a relatively quiet note. Stocks rose moderately across advanced and emerging economies and U.S. and German sovereign yields were stable around their year-lows.