Content ID: PR_WCS01_UCM01163070
Hoje PMIs preliminares de janeiro
- In yesterday's session investors traded cautiously amid worsening pandemic numbers across the globe and an ECB monetary policy meeting with no surprises.
- Concretely, the ECB kept its monetary policy unchanged as the Governing Council considered that December projections are still valid. Christine Lagarde explained that although some uncertainties have vanished (brexit, US elections or the start of vaccination), the pandemic situation is worsening and will weight on activity in Q1 2021.
- In this context, sovereign yields rose and stock indices edged down in the euro area. In the US and Asia stock indices rose modestly. In FX markets, the US dollar weakened against most advanced economies' currencies and the euro fluctuated above $1.21.
- Today the focus will be on January's flash PMIs for the main advanced economies.