Daily Report

17 de Março de 2025
Financial Markets | daily report 17.03.2025
  • Financial markets traded on a risk-on mode during Friday session following losses from previous sessions. US equities registered gains despite consumer sentiment preliminary estimates plunging to 57.9 in March, the lowest since November 2022, from 64.7 in February and below forecasts of 63.1, as a consequence of higher uncertainty surrounding tariff policy.
  • US sovereign bond yields increased on tariff's inflationary concerns. In the euro area, sovereign bond yields remained flat, with peripheral countries’ yields narrowing. Euro area stock markets registered gains, as investors priced in a better economic outlook in the region after news on German parties agreeing on a fiscal deal to boost defense spending.
  • In currency markets, the euro appreciated against the dollar, as the expected differential between each region's central bank policy rate narrowed. In commodities, Brent oil prices increased as Russia declined a ceasefire offered by the US, diminishing prospects of a near end to the Ukraine war.