Daily Report

28 de Novembro de 2024
Financial Markets | daily report 28.11.2024
  • Investor sentiment soured slightly on Wednesday ahead of today's US Thanksgiving holiday. In the eurozone, government bond yields fell as Germany's GfK consumer confidence index for December fell on fears of job losses; and despite hawkish comments from ECB's Schnabel, who favoured gradual cuts and played down the risks of inflation undershooting 2%.
  • US Treasury yields also fell on a raft of October data showing a resilient US consumer, whose spending rose 0.4% in the month as expected. Inflation, for its part, remains above the Fed's target: the core PCE price index came in at 2.8%, up from 2.7% in September. Separately, business spending on civil non-aviation capital goods fell in the month.
  • In the equity market, most indices posted losses, although Chinese indices rose as Chinese industrial profits improved slightly in October. In the FX market, the dollar fell against its peers, most notably the euro and the yen. In commodities, oil prices were flat as the ceasefire in Lebanon was offset by news that OPEC+ may delay planned production increases.