Daily Report

22 de Maio de 2025

Financial Markets | daily report 22.05.2025
  • Concerns over the US fiscal stance and debt burden intensified by recent credit rating downgrades and ongoing tax bill negotiations in Washington weighed on US financial assets. US Treasury yields rose, particularly on the longer end of the curve, while US stocks fell by more than 1.5%. The US dollar weakened, trading around 1.13 against the euro.
  • In the euro area, yesterday’s session was relatively calm, as investors remained cautious awaiting news on trade deals or other macroeconomic catalysts. Sovereign bond yields edged higher, with peripheral risk premia holding steady. Equity markets were mixed, and the IBEX 35 ended the day mostly flat.
  • In commodities, oil prices dipped slightly, with Brent crude trading just below $65 per barrel, following reports that Iran and the US may resume talks later this week.
  • On the macroeconomic front, UK inflation rose to 3.5% in April, marking its highest level since January 2024.