daily report 07.05.2021
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Comentário diário | Mercados Financeiros
Comentário diário | Mercados Financeiros
  • Investors traded with optimism, following upbeat corporate earnings and signs of further improvement in the labour market, with initial jobless claims in the US edging down last week to the lowest level since the start of the pandemic.
  • The S&P closed near record highs, while, on the other hand, European equities showed few changes. Pharmaceuticals firms edged down across the board amid concerns over vaccine patent protections.
  • In the bond market, US 10-year Treasury yields weakened in a choppy session, moving within narrow ranges. In the UK, investors largely shrugged off Bank of England´s decision to slow its bond buying and maintain the total purchases.
  • After the release of industrial production for Germany (2.5% m/m in March) and exports for China (9.5% y/y in April), the focus turns to the US employment April report.
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