Daily Report

27 de Setembro de 2024
Financial Markets | daily report 27.09.2024
  • Thursday's markets saw a mixed session across asset classes and geographies. In the Eurozone, peripheral spreads fell for all countries except France as the poor fiscal outlook continued to weigh on the country's sovereign debt.
  • In the US, Treasury yields rose after a raft of positive data (low weekly jobless claims, higher than expected durable goods orders, robust aggregate corporate profits in Q2 and a slight upward revision to Q2 GDP) showed a resilient economy. In the FX market, however, the dollar weakened despite the upbeat data.
  • In equity markets, most of the world's major indices posted gains, boosted by news of an imminent new round of fiscal stimulus from the Chinese government.
  • In commodities, oil prices fell on press reports that Saudi Arabia would be willing to move away from a $100 a barrel price target and increase production to regain market share.