Saltar para o conteúdo
Content ID: PR_WCS01_UCM01128470

Daily Report 26.03.2020

Sentimento dos investidores melhora com estímulos

Sentimento dos investidores melhora com estímulos - 26.03.2020

Sentimento dos investidores melhora com estímulos - 26.03.2020

Sentimento dos investidores melhora com estímulos

  • Market sentiment continued to improve on the back of economic measures against the covid-19. Yesterday, both Germany's parliament and the U.S. Senate passed the stimulus bills that their governments had announced in previous days (€750bn and $2tn, respectively).
  • Lower risk aversion supported generalized gains across AE and EM stocks and a moderate recovery in commodity prices. Yields on U.S. and German sovereign bonds edged higher, corporate and euro area peripheral spreads narrowed and safe-haven pressures on the USD continued to ease in FX markets.
  • German investor sentiment has tumbled to its lowest level since 2009 according to the Ifo's business climate index (86.1 points in March from 96.0 in February). Today the focus will be on the European Council meeting and whether European governments make announcements on an EU-wide covid-19 strategy.