Daily Report

25 de Março de 2025
Financial Markets | daily report 25.03.2025
  • Markets were mixed in the first session of the week as investors remained cautious on the outlook of the global economy. In the euro area, sovereign bonds ended flat and the main stock indices edged lower as markets await further details on tariffs from the US. The euro area composite PMI rose to 50.4 this month from 50.2 in February.
  • Across the Atlantic, sentiment was more positive in the US as the rise in the composite PMI index, from 51.6 to 53.5, showed business activity expanded in March boosted by the services sector. Equities rallied. On the other hand, Treasury yields rose following hawkish remarks from Atlanta Fed Governor Bolstic, who only sees one interest rate cut this year.
  • Elsewhere, in currency markets, the dollar somewhat strengthened against the euro and the yen, supported by the rise in Treasury yields. In commodities, oil prices rose +1% as President Trump suggested imposing 25% tariffs on countries that buy gas and oil from Venezuela.