Diário Financeiro

15 de Novembro de 2018
Daily Report 15.11.2018
  • Political uncertainty in Europe got most of the financial market participant's attention. In the UK, Prime Minister Theresa May obtained the approval of its cabinet to the provisional Brexit Withdrawal deal agreed with the European Commission (EC), while Italy presented to the EC a fiscal budget for 2019 very similar to the previous one (a response will be given on November 21st).In this context, the British pound appreciated slightly against the US dollar and the Italian risk premium rose.
  • Advanced economies' stock markets registered broad-based but moderate losses, while equities in emerging economies were mixed (Latin American assets advanced and Asian stock indices edged down).
  • Yesterday, the euro area Q3 2018 GDP growth was confirmed at 0.2% QoQ (0.4% in the previous quarter) while the Portuguese Q3 2018 GDP growth decreased to 0.3% from 0.6% in the previous quarter. See more details here.
  • October's CPI inflation in the US increased to 2.5% (2.3% in September), driven by increases in the energy component. In Spain, October's inflation was confirmed at 2.3% (no change from September's figure). Core inflation increased from 0.8% in the previous month to 1.0%.