Daily Report

14 de Março de 2019
Daily Report 14.03.2019
  • Advanced-economy stocks rose across the board as investors found support on positive indicators both in the U.S. (a solid +0.8% mom increase in capital goods orders in January and muted price pressures according to the producer price index, which rose +0.1% mom in February) and the Eurozone (industrial production +1.4% mom in January).
  • Yet, sovereign yields remained subdued both in the U.S. and the main euro area countries.
  • In FX markets, the GBP rallied as the U.K. parliament voted to reject a no-deal Brexit (312-308). Today MPs will vote on whether the government should ask the EU for an extension to the March 29 Brexit deadline.
  • Oil prices rose on the back of the weekly report released by the U.S. Department of Energy, which showed that U.S. crude oil inventories had declined by 3.9 million barrels in the week ending on March 8.