Daily Report

12 de Novembro de 2024
Financial Markets | daily report 12.11.2024
  • Investors kicked off the week with a higher risk appetite. In the euro area, the initial negative reaction to Trump's victory began to fade, with equity indices rising across the region and sovereign bond yields falling. Peripheral speads narrowed only slightly and Fitch upgraded Spain's debt outlook from "stable" to "positive", and affirmed its A- rating.
  • In the US, bond markets remained closed for Veteran's day, while equities extended their rally boosted by the presidential election results. Small-cap firms outperformed climbing 1.5% in the day, the highest since 2021, and the dollar closed higher, trading around 1.06 against the euro.
  • In commodity markets oil prices extended losses, with the barrel of Brent trading below $72/barrel, amid a perception that the announced Chinese stimulus measures will be insufficient to boost demand. Today's main macro data releases include the German Zew Confidence index and the Fed's Senior Loan Officer Opinion Survey