Monday’s session extended the risk-on sentiment from Friday. Strong earnings results from US companies and the easing of trade tensions between China and the US boosted global stock markets, with volatility dropping.
Amid generalized risk-on sentiment in global financial markets, government yields ended flat in the US and the euro area. In currency markets, the dollar continued to slightly appreciate against the euro and the Japanese yen, while the best performer of the day was the Swiss franc.
In commodities markets, Brent oil prices hit their lowest since early May (close to $61/barrel) amid ongoing concerns of future lower demand that will follow an economic slowdown if trade tensions persist. Gold price rebounded and settled at record-high prices, trading just over $4350/ounce.
BANCO BPI, S.A., com sede na Avenida da Boavista, 1117, 4100-129 Porto; Capital Social: € 1 293 063 324,98; matriculada na CRC Porto sob o número de matrícula PTIRNMJ 501 214 534, como o número de identificação fiscal 501 214 534. Intermediário financeiro registado na CMVM com o n° 300 e no Banco de Portugal sob o código n° 10. Agente de Seguros n.º 419527591, registado junto da Autoridade de Supervisão de Seguros e Fundos de Pensões em 21/01/2019, e autorizado a exercer atividade nos Ramos de Seguro Vida e Não Vida.