Financial Markets Daily Report

Search

Markets ended the week in a mixed session.

Financial markets behaved differently on both sides of the Atlantic, reacting to different drivers.

Investor sentiment improved on the back of the optimistic tone expressed by Donald Trump in relation to the trade negotiations with China.

In yesterday's session, financial assets' valuations fluctuated on economic sentiment data, news on trade tensions, and increasing talks among Democrats of impeaching President Trump (which was publicly announced once markets closed).

Financial markets ended the week amid mixed signals from trade negotiations and monetary policy.

Markets traded cautiously as investors shifted their attention from this week's monetary policy meetings to the resumption of trade negotiations between the U.S. and China.

U.S. stocks and 10-year sovereign yields ended little changed as investors digested the outcome of yesterday's Fed meeting.

Global stocks were mixed as market attention shifted from the weekend's attack on Saudi Arabia's oil facilities to today's Fed meeting.

Investors flew to safe-haven assets in the first session of the week as they reacted to the weekend's drone strike on Saudi Arabia's oil production facilities.

On Friday, sovereign yields rose and European stocks edged up as investors digested the new round of ECB stimulus.

The long awaited ECB monetary policy meeting came with few surprises and Mario Draghi, its President, announced a package of stimulus measures which caused back-and-force movements in financial valuations.

Investor sentiment continued to improve in yesterday's session as trade tensions between China and the U.S. moderated.