Content ID: PR_WCS01_UCM01093846
Mercados com sinais de estabilidade
- European and Asian stocks advanced on the back of positive growth figures in China while U.S. stocks closed with a modest decline due to the release of mixed earnings results.
- Sovereign yields were roughly stable both in the U.S. and Europe as several Fed officials presented a positive view of the U.S. economy. Philadelphia Fed President Patrick Harker emphasized that a strong labor market, muted inflation and ongoing growth point to a sound economy, while St. Louis Fed President James Bullard said that the temporary weakness observed in some indicators should dissipate and ease concerns among investors.
- Yesterday, the German government cut its forecast for 2019's German GDP growth to 0.5% -arguing that the slowing world economy, trade disputes, brexit uncertainty, and domestic supply bottlenecks are weighing on the economy.
- Today the focus will be on the release of April economic sentiment indicators (i.e. PMI indices) for the euro area.