Previsões, Daily Report

10 de Fevereiro de 2022
Financial Markets | daily report 10.02.2022
  • In yesterday's session investors' sentiment continued to improve moderately amid mixed comments by Federal Reserve and ECB members. In the US, Cleveland Fed President Loretta Mester said that she expects inflation to ease during the course of 2022, as the Fed tightens credit conditions.
  • In the euro area, the new Bundesbank President Joachim Nagel said that, in case inflation remains elevated in the coming months, he would support ending net asset purchases and hike interest rates this year. Financial markets are expecting a 50bp rate hike by year end.
  • In this context, yields on sovereign bonds edged down in the euro area and the US, fueling a rise in stock indices rose across the board, with big companies in the US leading the gains.
  • Today the focus will be on January's CPI figures in the US (Bloomberg consensus expects a 0.2pp increase to 7.2%).