Daily Report

15 de Abril de 2025
Financial Markets | daily report 15.04.2025
  • Sentiment recovered in financial markets following news that, over the weekend, President Trump exempted smartphones, computers and other electronics from the reciprocal tariffs announced on April 2nd (the 10% baseline tariff and additional tariffs to a list of other countries).
  • Global equities rallied, with European stocks leading gains, and volatility measures moderated. In sovereign bond markets, yields ended lower on both sides of the Atlantic, but fell more sharply in the US, partly reversing the rises from late last week. Euro area peripheral risk premia narrowed.
  • Sentiment did not pick up for the dollar, which was mostly flat against most currencies after hitting a three year low in the previous week. The euro hovered around $1.13. In commodities, crude prices were mostly unchanged, even after OPEC lowered its demand forecasts for 2025, citing tariffs as the reason behind the expected slowdown.