Daily Bulletin

Good morning. Oil prices are rising again due to the ongoing dispute over the Strait of Hormuz. Global risk appetite has not yet been significantly affected by the situation, but US Treasury yields continue to rise, particularly as hawkish comments from Fed officials add to the pressure. There is not yet a serious threat to emerging market assets, but pressure on these assets could increase if yields break above...
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Good morning, and have a good week. Although the US-Iran negotiations are continuing, the strike on a Saudi Aramco refinery located in the UAE and an Emirati vessel passing through the Strait of Hormuz indicate that geopolitical tensions remain elevated. Active Brent crude oil prices continue to trade around $83 per barrel, while we are starting the new week with a mixed outlook in global risk appetite. US and...
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Good morning. Oil prices are moving higher again amid continued uncertainty surrounding the Strait of Hormuz and Iran’s ongoing threats against vessels from countries it considers unfriendly. Active Brent crude oil contracts, which were trading around $78 per barrel yesterday morning, are now priced at around $83. US and European futures, as well as Asian equities, are also broadly negative on this backdrop,...
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Good morning. Global markets are maintaining a positive tone, supported by optimism over the potential reopening of the Strait of Hormuz and the decline in oil prices. However, selling pressure in semiconductor stocks is limiting gains in equity markets. In the U.S., the Dow Jones Industrial Average reached another record high yesterday, while the Nasdaq declined as technology stocks came under pressure. U.S....
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Good morning. Mutual statements from the U.S. and Iran indicating that the two sides are close to reaching an agreement on reopening the Strait of Hormuz are providing support to global markets. Active Brent crude oil futures, which tested USD 86 per barrel around midday yesterday, have retreated to USD 78 this morning, returning to levels seen in mid-July when reciprocal attacks resumed. Following yesterday's...
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Good morning. Global markets are starting the day on a mixed note. U.S. and European equity futures are trading higher, while Asian markets are generally under pressure. Expectations that negotiations between the U.S. and Iran will continue remain intact, while corporate earnings are also supporting investor sentiment, particularly across Western markets. Borsa Istanbul opened yesterday's session with gains,...
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Good morning, and happy Monday. Following U.S. President Trump's announcement that attacks on Iran have ceased and that negotiations will resume starting today, we are seeing a notable decline in oil prices, while U.S. and European equity futures are trading nearly 1% higher. Asian markets are showing a mixed performance due to the appreciation of the Japanese yen; however, overall, global risk sentiment is...
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Good morning. Iran has now targeted a U.S. military base in Bahrain, yet oil prices have shown little meaningful reaction to the development. Looking at equity markets, expectations for the next Fed rate hike have been pushed back by one meeting following the latest U.S. economic data, while post-earnings buying in technology stocks is supporting broader equity markets. U.S. indices gained strongly yesterday,...
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