Daily Report

13 de Março de 2025
Financial Markets | daily report 13.03.2025
  • Investors' risk appetite rebounded slightly yesterday following Trump's comments late Tuesday on the strength of the US economy. Eurozone government bond yields fell slightly amid the ongoing negotiations to lift the German debt brake. US Treasury yields rose and the curve flattened as trade concerns offset the optimism from the strong February CPI print.
  • On the equity front, there were small but broad-based gains across the globe. The Ibex 35 recorded some losses and was one of the worst performers, weighed down by some companies exposed to international consumer markets. In the US, technology companies benefited from the improvement in inflation in February, which cooled to 2.8% from 2.9% in January.
  • In the currency market, the euro depreciated against its peers on news that Russia was delaying acceptance of the ceasefire agreement reached by the US and Ukraine in order to seek better terms. In commodities, oil prices rose as US inventories rose but were tighter than expected, pointing to resilient demand.