Content ID: PR_WCS01_UCM01148871
Mercados com receio face ao aumento de casos de COVID-19
- In yesterdayâs session, investors traded with a risk-off mood amid concerns of growing COVID cases around the globe. Powell´s speech in Congress in which he stated that the US economy is improving failed to provide much relief to investors, as he also said that there is a long way to go before a full recovery.
- In this context, stock indices declined in advanced and emerging economies, while safe-haven currencies (such as the US dollar, the Japanese Yen or the Swiss Franc) strengthened. The euro fluctuated below $1.18.
- In fixed-income markets, yields on core euro area sovereign bonds edged down (the German Bund yielded -0.53%, a level not seen since early August) and peripheral risk premiums rose mildly.
- In oil markets, the price of the barrel of Brent fell by almost $2 towards $41 amid concerns of weaker-than-expected demand.