Financial Markets Daily Report22 febrer 2022
In yesterday’s session, investors traded with a risk-off mood looking for safe-haven assets after Vladímir Putin signed cooperation pacts with pro-Russian leaders in the Donetsk and Luhansk regions, rising tensions between Russia and Ukraine. US financial markets were closed due to the President’s day holyday.
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- In yesterday’s session, investors traded with a risk-off mood looking for safe-haven assets after Vladímir Putin signed cooperation pacts with pro-Russian leaders in the Donetsk and Luhansk regions, rising tensions between Russia and Ukraine. US financial markets were closed due to the President’s day holyday.
- In this context, stock indices declined across the board and the price of the barrel of Brent rose towards $96. In fixed-income markets yields on sovereign bonds edged up in the euro area and peripheral spreads widened. This morning, sovereign yields were declining in both sides of the Atlantic.
- The geopolitical conflict shadowed the better-than-expected releases of February’s flash PMIs, which showed a strong economic sentiment in the euro area and in the UK (the composite index rose from 52.3 and 54.2 to 55.8 and 60.2 points, respectively). Today, PMI data for the US will be released.