Content ID: PR_WCS01_UCM01168470
Inflação e PMI serão o foco da semana
- In the last session of a volatile week, stock indices declined across the board and yields on sovereign bonds edged down in the euro area and in the US. In particular, the yield on the 10-year US Treasury fell by 12 basis points and fluctuated again below 1.50%.
- Several Fed officials commented by the end of the week that the higher levels seen in long-term sovereign yields reflect a better outlook for the US economy and inflation expectations closer to the inflation target.
- In FX markets, the USD strengthened against advanced and emerging economies' currencies and the euro fluctuated above $1.20.
- This week the focus will be on the final February PMI releases and on the flash inflation figures for the euro area (Tue.). Bloomberg consensus expects the core index to decline from January's upward surprise (1.2% from 1.4%).