Daily Report

1 de Setembro de 2023
Financial Markets | daily report 01.09.2023
  • In yesterday's session, investors traded cautiously as they awaited for today's key US employment report for the month of August. Also, in the euro area a mixed inflation HICP was released, with all components except energy exhibiting a disinflationary path in August.
  • In this context, yields on sovereign bonds declined on both sides of the Atlantic, more acutely in the euro area. In equities, stock indices declined across the board, with the exception of the US Nasdaq, which rose by a modest 0.2% and the Japanese Nikkei 225, which rose by almost 1%.
  • Elsewhere, the euro weakened against most advanced and emerging economies' currencies and fluctuated above $1.08. In energy markets, the price of the barrel of Brent rose towards $87 per barrel as investors expect OPEC countries to extend production cuts until the end of the year.