Diário Financeiro

22 de Janeiro de 2019
Daily Report 22.01.2019
  • In the first session of the week, euro area stock indices edged down amid concerns of lower economic growth in the following quarters. Sovereign bond yields increased moderately in Europe and oil prices were roughly stable. U.S. markets were closed because of Martin Luther King holiday.
  • The IMF updated its economic projections and revised downwards the GDP growth for most regions. Global GDP is expected to grow in 2019 by 3.5% (3.7% in the October forecast). Euro area and emerging markets GDP are expected to grow by 1.6% and 4.5%, respectively, 0.3 and 0.2 pp less than in October. Instead, China and U.S. GDP growth forecast remain unchanged at 6.2% and 2.5%, respectively.
  • Spanish GDP growth forecast for 2019 and 2020 remained unchanged at 2.2% and 1.9%.