Financial Markets Daily Report 16 marzo 2021
European stocks and bond yields fell yesterday as Italy, France, Germany and Spain suspend vaccinations with the AstraZeneca vaccine over worries about the jabs' side-effects. Meanwhile, Italy has taken more stringent lockdown measures. The Eurostoxx50 was down by 0.1%.
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- European stocks and bond yields fell yesterday as Italy, France, Germany and Spain suspend vaccinations with the AstraZeneca vaccine over worries about the jabs' side-effects. Meanwhile, Italy has taken more stringent lockdown measures. The Eurostoxx50 was down by 0.1%.
- Investors in the U.S. traded in a more positive mood yesterday as stocks reversed last week's sell-off and Treasury yields slid. The S&P 500 was up 0.6%, led by shares in utilities and real estate as well as large technology companies such as Apple, while the yield on 10-year Treasuries was down by 1 basis point.
- In oil markets, oil prices hovered close to a yearly high as the prospect of a faster global recovery pushed prices higher but the Brent crude price settled 0.5% lower on the day.
- The Federal Reserve's FOMC meeting starts today and will last until Wednesday.