Financial Market Reports | Week #7 | GLOBAL

 

Dear all, New weekly report, we will analyse the main news and events impacting global markets, including the stock market, currencies, bonds, commodities and other financial instruments below a brief summary:

During the week, the US market experienced a narrow advance, with the S&P 500 index briefly surpassing 4,200 points, its highest level since August. Although the index traded in a narrow range, the performance of technology stocks and regional banks stood out. Debt ceiling negotiations generated a change in tone, with the president expressing confidence in avoiding default, but markets were hit by a pause in discussions. In Europe, the market advanced on optimism about US interest rates and debt negotiations. European government bond yields rose, while euro zone industrial production showed weakness. In China, there were concerns about slowing growth in the market, supported by data indicating lower than expected growth in industrial production and retail sales. The People’s Bank of China injected liquidity into the banking system and the Chinese currency depreciated. In addition, there was a slowdown in the growth of China’s real estate sector.