Daily Report, Diário Financeiro

20 de Dezembro de 2019
Daily Report 20.12.2019
  • Investors traded cautiously in a session with few relevant economic data releases and no big news on the trade front. Instead, the focus was on monetary policy as the Bank of England, the Bank of Japan and the Norges Bank kept their interest rates on hold and the Swedish Riksbank rose its interest rate 25 bp and exited the negative-rate policy.
  • In this context, stock indices rose in the euro area and in the U.S. and edged down in Asia. In fixed-income markets, yields on euro area sovereign bonds ticked up.
  • In oil markets, the price on the barrel of Brent continued to increase as it echoed the decline in U.S. crude inventories released on Wednesday and the optimistic news on the trade conflict.
  • Today investors will pay attention to the third estimate for the Q3 GDP in the U.S. and November's PCE inflation. In the euro area, the focus will be on December's consumer confidence indicator.