Daily Report
20 de Setembro de 2022
Financial Markets | daily report 20.09.2022
  • In yesterday’s session, investors traded cautiously as they continued to assess the intensity and duration of the monetary policy tightening that central banks are likely to agree this week and in the coming months.
  • In the euro area, ECB Vice-president Luis de Guindos said that inflation is the biggest pain for European population, reiterating that the ECB will continue hiking policy rates, with the pace and magnitude conditional on economic data.
  • In this context, stock indices were mixed in the euro area and rose in the US, after a late session rally. In fixed-income markets, yields on sovereign bonds increased in both regions, particularly so in the short end of the curve.
  • In commodity markets, the price of the barrel of Brent edged slightly up, as concerns of a tight global supply outweighed worries of the slowdown in economic growth. European natural gas prices continued to decrease, despite remaining at historically elevated levels.