Daily Report

1 de Julho de 2019
Daily Report 01.07.2019
  • In the last session of the week investors traded in a cautious mood ahead of an eagerly anticipated political weekend. Yields on advanced economies' sovereign bonds were roughly unchanged and stock indices rose in most trading floors.
  • During the G20 summit, Donald Trump and Xi Jinping reached a truce in the trade war and agreed to resume negotiations soon. This morning, Asian stocks received this agreement with an increase of more than 2%.
  • In Europe, political leaders' talks on nomination for the EU's top jobs started on Sunday and are expected to continue today. For the European Commission, the Dutch socialist Frans Timmermans is the front-runner, but his candidature can still be blocked by the EPP party.
  • This week investors will focus on the OPEC and OPEC+ meetings - where an extension of the current production levels is expected-(Mon. and Tue.) and, in the US, June's ISM index figures (Mon. and Wed.) and the employment report (Fri.).