Financial Markets Daily Report
10 juny 2026
Financial markets were whipsawed on Tuesday, with an early equity rebound led by AI-related stocks giving way to renewed volatility after the US announced strikes on Iranian sites late in the session. In commodities, crude oil and natural gas prices fell, reflecting easing Middle East tensions earlier in the day before geopolitical risks re‑emerged towards the close.
Sovereign bond yields declined on both sides of the Atlantic. US Treasury yields fell as expectations of further Fed tightening softened ahead of today’s CPI release. Eurozone yields also moved lower, with a mild curve flattening and tighter peripheral spreads, while EURIBOR rates edged up before Thursday’s ECB meeting, pricing a rising probability of a fourth hike in 2027.
Equity performance diverged across regions. Asian markets rallied on AI dip-buying, following Monday's trend in the US. US and European indices, for their part, pared early gains as geopolitical risks resurfaced. In FX markets, the dollar weakened modestly against most peers, with the yen the main underperformer.