Financial Markets Daily Report

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Trade tensions continued to rattle financial markets at the start of the week.

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.

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.

Financial markets are still operating with a pessimistic tone since the U.S. and China stepped back in the trade negotiations this weekend.

Global stock markets extended the losses as investors digested the turn in trade negotiations between the U.S. and China.

Investor sentiment deteriorated after a Donald Trump tweet revived the trade tensions between the U.S. and China.

Stock markets rose in most advanced economies as investors perceived that the strength in the U.S. economy can continue without inflationary pressures.

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.

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.

Global stocks started the week on the up as U.S. and China representatives resume formal trade talks in Beijing.

Markets ended the week in a positive mood and stocks advanced moderately across the board.

Investor's remained cautious yesterday as they await for more clues on the upcoming macroeconomic and political outlook. In the U.S., results from technological companies surprised to the upside, while the industrial sector suffered from concerns about economic growth.