Content ID: PR_WCS01_UCM01116566
Otimismo nas negociações EUA China domina performance do mercado
- On the back of advances in the trade negotiations between the U.S. and China, investor's risk appetite increased in yesterday's session.
- Officials from both countries said that the phase one trade deal will include a rollback in the tariffs previously imposed. There is still no place and date settled to sign the deal, but Trump and Xi are aiming to sign it before year end.
- In this context, yields on sovereign bonds increased sharply in the euro area and in the U.S. and stock indices rose across the board. In oil markets, the price of the barrel of Brent rose above $62 as news on trade tensions boosted investor's expectations for a higher demand.
- Yesterday, the Bank of England decided to keep interest rates unchanged at 0.75%. Nevertheless, the decision was not unanimous for the first time since June 2018, as two members voted for lowering the interest rate to 0.5%.