Daily Bulletin

Good morning. Following the continued sell-off in global markets yesterday, we are seeing a rebound in risk appetite this morning, supported by stronger-than-expected inventory data in the US, a decline in oil prices, and US 10-year Treasury yields falling below 5%. US and European futures, as well as Asian equities, are broadly trading higher. The Fed’s interest rate decision, expectations, the statement, and...
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Good morning. While oil prices remain elevated, U.S. 10-year Treasury yields are also trading above 5% for the first time since 2023. However, during that period, yields remained above 5% for only one day (October 23, 2023), after which the 10-year yield declined from around 5% to 3.8% over two months, despite the Fed policy rate remaining at around 5.5% for an extended period. During the same period, the S&P...
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Good morning. The US-Iran tensions and oil prices hovering near $100 weighed on US and European equities yesterday, while we are seeing some relief buying in equity index futures this morning. Asian equities, meanwhile, are pricing in the global sell-off seen yesterday. The European Central Bank’s rate decision today, the Fed meeting next week—with inflation data due today and tomorrow ahead of the meeting—and the...
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Good morning. With geopolitical tensions continuing, oil prices are approaching $100, while some institutions, including Goldman Sachs, are raising their forecasts and discussing scenarios in which prices could reach as high as $120, weighing on global risk appetite. In addition, the appreciation of the Japanese Yen and its approach toward one-year highs against the US dollar are raising concerns over the potential...
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Good morning. Oil prices remain elevated due to the ongoing tensions between the U.S. and Iran, with prices trading above $95 in recent sessions. Meanwhile, U.S. futures point to a positive opening for technology stocks, while the industrial sector is showing a weaker outlook. European futures are slightly positive, while Asian markets are mixed. Of the six major regional indices we monitor, three are in positive...
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Good morning. Global markets are starting the day on a balanced note, with U.S. markets closed today. European futures are slightly negative, while Asian equities are showing a mixed performance. Oil prices remain elevated around $95, while tensions in the Strait of Hormuz continue to persist. Against this backdrop, global markets are likely to remain focused on growth data, central bank rate decisions, and...
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Good morning. Following US President Trump’s statement that he “does not expect the renewed attacks on Iran to last long,” oil prices and US Treasury yields edged lower, while Wall Street saw some buying interest. Although US and European futures and Asian equities were trading positively in early morning hours, we are seeing them lose momentum afterward, while the decline in oil prices continues. In Borsa...
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Good morning. Tensions between the US and Iran continue to escalate, while oil prices have also moved higher in parallel, approaching $95. We are also seeing a notable rise in US Treasury yields, while concerns over rising macro risks due to high public debt are weighing on equity markets. US and European futures, as well as Asian equities, are trading lower this morning, with losses of up to 3% particularly...
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