Diário Financeiro

20 de Junho de 2018
Daily Report - 20.06.2018
  • Yesterday, European stock markets maintained the negative note, with slight decreases in most indices and a more pronounced decline in the German DAX. Asian and emerging economies indices performed poorly and registered losses greater than 1.8%. In the U.S., the S&P 500 also edged down.
  • In the ECB Forum on Central Banking held in Sintra, Portugal, Mario Draghi implicitly endorsed market pricing of the first ECB rate hikes. Investors perceived this message as a confirmation of the central bank’s accommodative tone. In this context, yields on the European sovereign bonds nudged down and the euro depreciated below $1.16.
  • In the advent of the OPEC meeting, Russian officials declared their intention to increase oil production and the barrel of Brent fluctuated around $75.