Financial Markets Daily Report
29 maig 2026
Financial markets posted a mixed performance on Thursday, with moves closely tied to shifting headlines on US‑Iran ceasefire talks. While European markets closed under a cautious tone, US assets benefited from late‑session reports pointing to a draft agreement between the US and Iran to extend the ceasefire.
Sovereign yields edged lower in both the US and the euro area. In the US, macro data painted a mixed picture: PCE inflation for May came in slightly softer than expected in MoM terms, although underlying price pressures remained elevated, while personal spending cooled and a downward revision to Q1 GDP (from 2.0% to 1.6%) pointed to gradually easing momentum.
European equities closed lower, while US indices advanced to new record highs, benefiting from late‑session geopolitical optimism which, in FX markets, weakened the dollar against major peers. In commodities, oil prices fluctuated on ceasefire‑related headlines, with Brent prices edging higher while TTF natural gas prices edged lower.