Market's evolution 04 of May to 08 of May 2015
Monday, 11 of May 2015
Mixed week in major stock indices. During the first part of the week, they dominated the red numbers at parks, fed by the uncertainty generated by the general elections in the UK and the ever-present Greek landscape. However, the results were very positive for the Conservative party David Cameron, leaving the verge of an absolute majority, which calmed the markets and dyed green numbers Friday's session.
For its part, the Greek finance minister, Yannis Varoufakis, indicated he hopes to reach agreements with the creditor parties during the coming weeks.
Bonds, meanwhile, continued the trend of recent weeks and the sell led to a further fall in prices. In the past two months, the Spanish 10-year bond has risen from + 1.13% to + 1.73%. The various sources of uncertainty and strong overbought levels, the main catalysts.
At the corporate level, presentations of weekly results had a negative bias, among which companies like Toyota or Comcast. On the positive side, Fox Inc, Tesla or Transocean.