Financial Markets Daily Report 17 maig 2021
Investors ended the week on a positive mood. In stock markets, volatility declined and equities surged across advanced and emerging economies on Friday, partially reversing the losses suffered in previous sessions. In FX markets, most advanced and emerging currencies also recovered some ground against the USD.
Contingut disponible en
- Investors ended the week on a positive mood. In stock markets, volatility declined and equities surged across advanced and emerging economies on Friday, partially reversing the losses suffered in previous sessions. In FX markets, most advanced and emerging currencies also recovered some ground against the USD.
- In fixed-income markets, U.S. sovereign yields nudged down as U.S. retail sales stalled in April (0.0% mom) while euro area sovereign yields were little changed after the accounts of the ECB's April monetary policy meeting provided no major news (officials reiterated their commitment "to preserve favourable financing conditions").
- This week the focus will be on the release of the minutes of the Fed's April monetary policy meeting (Wednesday) as well as on the first May economic sentiment indicators in several advanced economies (eg., euro area and U.S. flash PMIs on Friday).