Daily Report

16 de Outubro de 2025
Financial Markets | daily report 16.10.2025
  • Wednesday saw another mixed session in financial markets. Eurozone sovereign bond yields fell, with curves flattening slightly, as August industrial production data in the eurozone surprised to the upside (though still contracted). The French spread also narrowed and sat below the Italian one, as Lecornu’s new government cemented its chances of survival.
  • US short-term Treasury yields rose slightly, as investors weighed recent comments from US officials on the most recent trade spat with China. Treasury Secretary Bessent stated that the US expects a coordinated response with its allies to China’s export controls on rare earths. Meanwhile, prospects for a swift resolution to the government shutdown remain dim.
  • Equity indices were mixed in Europe, with the French CAC 40 posting the largest gains. US indices also advanced, supported by strong earnings from major banks. Renewed trade tensions between the US and China weighed on the dollar (which depreciated against peers) and on crude oil (with Brent prices falling), while gold advanced.