In yesterday session, stock indices declined in the US, after several weak Q2 corporate results, and in Europe, after Draghi missed market expectations since they expected a more dovish press conference.
Resultados de la búsqueda
In the last session of the week, stock indices rose in the US and core euro area following positive corporate results and the better-than-expected GDP growth figures in the US.
In the first session of the week, investors traded cautiously as they await for the Federal Reserve monetary policy decision on Wednesday and for news on the trade talks.
Stock markets decreased across the globe as investors perceived that trade talks between the US and China made very little progress.
Yesterday, Fed's 25 bp interest rate cut and the economic releases in Europe took center stage.
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.
Escalating trade tensions between the US and China worsened investor sentiment and motivated safe-haven flows in the last session of the week.
Financial markets buckled on Monday after China let its yuan weaken below 7 to the dollar, an 11 year low, adding to broad risk aversion on concerns about the escalation of the US – China trade tensions.
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.
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%).
Markets are suffering a turbulent summer.
Markets started the week on a constructive note as investors found support on positive geopolitical gestures.
Financial markets were mixed in yesterday's session.
Global stocks were mixed and the focus in yesterday's session was on political developments in Europe.
Stock markets rose across advanced and emerging economies as investor sentiment was buoyed by conciliatory remarks on the trade front.
On Friday, markets ended a turbulent August with modest stock market increases and sovereign yields fluctuating around year-lows.
Investors traded cautiously in the first session of the week.
Markets exhibited a positive mood as they were fueled by positive sentiment indicators.
Global markets cheered on news that the U.S. and China would resume formal trade talks.
Financial markets ended the week with a positive tone and stock indices rose in most European and U.S. trading floors.