Daily Report

11 de Novembro de 2024
Financial Markets | daily report 11.11.2024
  • Markets were mixed as investors continued to fully digest the US presidential election results and monetary policy decisions from various central banks. In the euro area, equities fell on fears of the negative implications of a potential trade conflict, and were further pushed lower by falling sovereign bond yields which dragged down financial sector stocks.
  • In the US, equities extended gains and the S&P 500 reached a new all-time high as investors priced in the potential positive impact of Trump's promised policies, including lower corporate tax rates and deregulation. Longer-dated Treasury yields fell following the Fed's 25bp interest rate cut.
  • In currency markets, the US dollar strengthened, trading around 1.08 against the euro. And in commodity markets, oil prices fell after China's economic stimulus measures announced on Friday failed disappointed traders, weighing on oil demand expectations.