01 February 2019
The Fed's dovish turn (see), better-than-expected earnings releases, and a positive end to U.S.-China trade negotiations in Washington (to be continued in mid-February) fueled a rally in U.S. and EM stocks.
Evolution of the international financial markets and evaluation of the main events and economic indicators of the previous day session. Available in English.
The Fed's dovish turn (see), better-than-expected earnings releases, and a positive end to U.S.-China trade negotiations in Washington (to be continued in mid-February) fueled a rally in U.S. and EM stocks.
Ahead of the outcome of the U.S. Federal Reserve meeting, investors traded in a relatively quiet mood as they watched developments around the two-day trade talks between Chinese and U.S. negotiators.
Investors traded in a mixed mood ahead of this week's trade talks and the Fed's meeting.
Markets traded in a cautious mood as concerns about global growth (some companies blamed slowing global growth for disappointing results) and trade tensions (U.S. prosecutors filed criminal charges against Huawei and its CFO while China asked the WTO to rule on its complain about U.S. tariffs) came back to the fore.
Global investors operated in a positive mood as yesterday's earnings releases surprised on the upside.
Trade tensions between China and the U.S., the extension of the U.S. government shutdown and positive surprises in the earnings season determined yesterday investor's mood.
Investors operated with a pessimistic tone as they continued to digest the IMF's downward revisions to global growth forecasts.
In the first session of the week, euro area stock indices edged down amid concerns of lower global economic growth in the following quarters.
Easing tensions between China and U.S. improved investors' mood and equities increased across the globe, oil surged and interest rates on safe assets edged up.