Daily Report

27 de Junho de 2025
Financial Markets | daily report 27.06.2025
  • A downward revision of US Q1 GDP, primarily due to weaker private consumption growth (0.1% qoq vs. 0.3% previously estimated), increased market expectations that the Fed could lower interest rates as much as 75bp this year compared to the 50bp expected before.
  • In this context, US treasury yields edged lower. The dollar fell to its lowest level against the euro since late 2021, with the pair trading around 1.17 EURUSD. US stocks advanced further on the back of lower yields, and the S&P 500 closed just a few points below its previous record from February 2025.
  • In the euro area, yesterday's session was relatively calm without clear macroeconomic catalysts. Sovereign bond yields edged lower and periphery risk premia slightly narrowed, while gains in equity markets were led by German stocks. In commodities, Brent crude prices held steady around $67 per barrel.