January 17, 2020
Banking and Financial Systems
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Equity markets slightly extended the increases across the board during the week, underpinned by the final agreement on the U.S.-China phase one agreement, the improvement in the U.S. activity data (retail sales and regional PMI) and mixed company earnings.
Shy market reaction after China and the U.S signed phase one of the trade agreement. Meanwhile, U.S and European stocks hit new highs, driven by positive U.S retail sales data.
Financial markets were broadly steady, although some caution lingers as investors wait for U.S.-China trade agreement progress. Concerning the macroeconomic data, U.S. inflation increased less than expected, whereas China’s trade balance rose in December.
Following the crisis, the financial system was extensively reformed to strengthen microprudential regulation, focused on individual entities, and macroprudential regulation, to prevent the accumulation of imbalances in the whole system that may affect the real economy.
In this publication you will find, on a weekly basis, our selection of the most relevant news regarding financial regulation.
Financial markets veered back toward a risk-on mood, underpinned by fading US-Iran tensions and positive economic data. Equity markets increased across the board, while bond, oil and gold prices declined.
Financial markets recovered, after swinging sharply due to Iran's attack, as the U.S and Iran seem to avoid a broader conflict. S&P hit new record high.
Financial markets moved sideways waiting for further developments on the Middle East conflict. Moreover US-China trade negotiations turned optimistic after China’s Vice Premier Liu He agreed to sign the phase-one trade deal on January 15th.