Daily Report

26 de Setembro de 2024
Financial Markets | daily report 26.09.2024
  • Investors' risk appetite soured yesterday. Sovereign bond yields rose across the board on both sides of the Atlantic. In the Eurozone, peripheral spreads widened a tad as French finance minister acknowledged the country's budget deficit could come in above 6% this year, leaving the 10-year French reference on par with the Spanish counterpart.
  • Most of the world's major stock indexes ended the day with modest losses, once the news of Chinese stimulus were digested and investors awaited for new macroeconomic data releases. Today, German consumer confidence for October and US jobless claims for last week as well as durable goods orders for August will be released.
  • In the FX market, the dollar strengthened against its major peers, most saliently the yen, as a leading indicator of Japan's service-sector inflation remained flat in August, easing pressure on the BoJ for further rate hikes. In commodities, meanwhile, oil prices fell as worries over supply disruptions in Libya eased.