27 January 2020
In the last session of the week, investors digested a mixed release of January's PMIs in advanced economies.
Evolution of the international financial markets and evaluation of the main events and economic indicators of the previous day session. Available in English.
In the last session of the week, investors digested a mixed release of January's PMIs in advanced economies.
In yesterday's session, investors focused on the ECB Governing Council meeting, which delivered no big surprises.
In yesterday's session, investors traded with a cautious mood as they weighed positive economic releases (UK factories' sentiment improved according to a survey and U.S. home sales rose close to a two-year high) against the resignation of Italy's M5S head Luigi Di Maio and the economic impact of the Chinese coronavirus outbreak.
Despite the release of better-than-expected economic data in Germany and in the UK, investors traded with a risk-off mood after Monday’s IMF downward growth revision and amid concerns that the virus outbreak in China could disrupt consumer spending.
Financial markets started the week with a low-volume session because of Martin Luther King holiday in the U.S.
In the last session of the week, financial markets exhibited a positive tone on the back of better-than-expected housing data in the U.S. and continued optimism on easing trade tensions.
Stock markets exhibited a more positive mood in yesterday's session and rose across the U.S. and the euro area.
Markets underwent a mixed session as the U.S. and China signed their phase-one trade deal. U.S. stocks advanced mildly while most AE and EM indices declined moderately.
Investors traded cautiously ahead of today's signature of the U.S.-China phase-one trade deal and the release of further details on the agreement.