Diário Financeiro

13 de Novembro de 2018
Daily Report 13.11.2018
  • Global financial markets started the week in a negative tone and losses were especially pronounced in US equities (the S&P 500 and the Nasdaq decreased by 2.0% and 2.8% respectively).
  • In fixed-income markets, yields on core European sovereign bonds edged lower while peripheral spreads increased. In the US, Treasuries markets were closed because of the Veterans Day celebration.
  • In FX markets, uncertainty around the Brexit negotiations caused the British pound to depreciate against most advanced economies' currencies. The euro also depreciated and reached a 16-month low around $1.12.
  • The barrel of Brent was very volatile. Early in the session, the price of a barrel increased $2 following this weekend OPEC's meeting where oil producers suggested they would cut supply in 2019. Later in the day, a tweet of President Donald Trump arguing that oil prices should be lower actually pushed the Brent to the previous levels (around $70).