Daily Report

28 de Maio de 2025
Financial Markets | daily report 28.05.2025
  • Improved sentiment during yesterday's session was driven by optimism on trade talks between the EU and the US, and macroeconomic developments. US consumer confidence strongly rebounded, with the Conference Board index jumping to 98.0 in May from 85.7, and in France, inflation rose 0.6% yoy in May vs. 0.9% expected, and down from 0.9% in April.
  • In this context, equity markets advanced on both sides of the Atlantic, with a stronger rally seen in the US, where mega cap tech companies led gains. The S&P 500 rose 2%, marking its largest daily gain in two weeks, while in the euro area, gains were more modest.
  • Sovereign bond yields fell across the board, especially on the longer end of the curves, after news that Japan may issue less long term debt sparked a rally in Japanese bonds that partially spread globally. The yen weakened on the news, strengthening the US dollar, which traded close to 1.13 against the euro.