Market's evolution 20 of April to 24 of April 2015

Market's evolution 20 of April to 24 of April 2015


Bullish week on the major stock indexes, which can recover some of the losses from the previous week.

However, the main macroeconomic indicators were negative for the markets. In the US fell selling new homes, in Germany and China manufacturing PMI remained below expectations and retail sales fell in UK. On the positive side, the German ZEW index or sales of previously owned homes in the US.

On the other hand, on the Greek problem, spoke Coeure, from ECB, which said it will continue to provide liquidity to banks while Greece remain solvent and have sufficient collateral. He added that there has been tangible progress in recent days in the quality of discussions with the three institutions - the ECB, the European Commission and the International Monetary Fund (IMF).

As for the presentation of results for the first quarter on Wall Street, the results were not as good as some previous weeks, and most important companies presented disappointing results for the market: McDonald's, Google or General Motors are some examples. Positively surprised the market, Halliburton, Caterpillar and South-western Energy.

Looking ahead this week, we will be watching developments Greek conflict and know some macroeconomic indicators of relevance, as the PMI from several countries or some data from the US labour market.