Daily Report

26 de Março de 2025
Financial Markets | daily report 26.03.2025
  • Investors traded cautiously amid heightened tariff uncertainty, fresh rounds of talks between Russia and Ukraine, and mixed macro data. In the US, the Conference Board Consumer Confidence index fell to its lowest level since 2021, while the German Ifo business climate index rose, as companies' expectations about the future improved.
  • In this context, sovereign bond yields edged higher across euro area countries, despite some dovish remarks from ECB officials suggesting the depo rate has further room to fall. In the US, Treasury yields ended a bit lower. Euro area stock markets advanced, reversing the previous session's losses, and US indices registered more moderate gains.
  • In commodity markets, oil prices held steady as traders digested news of a ceasefire agreement between Russia and Ukraine in the Black Sea, and following Trump's tariffs on countries buying Venezuelan oil. In currency markets, the dollar held steady against the euro but strengthened against the yen.