Daily Report

5 de Julho de 2019
Daily Report 05.07.2019
  • In yesterday session, trading volumes were well below average as US financial markets were closed due to the Independence Day. Stock indices in the euro area rose mildly, especially the telecommunications and financial sectors, and could extend the gains registered during the week.
  • In fixed income markets, yields on euro area core countries continued to decline and, for some hours, the German bund fell below the ECB depo rate (-0,40%). In the periphery, the Italian risk premium increased after Matteo Salvini promised to cut taxes next year.
  • Today, the focus will be on June’s BLS employment report for the US, after the somewhat deceiving figure of May (+75k increase in non-farm payrolls) and on May’s industrial production in Spain.