Financial Markets Daily Report01 juny 2026
Friday's session was driven by the provisional agreement reached by the US and Iran for a 60-day ceasefire that would pave the way to resume talks regarding Teheran's nuclear programme. Energy prices fell accordingly, broadly by 2%, and market-implied volatility also ticked down.
In equity markets, stock indices closed mixed in the euro area, while ticking up in the US. The overperformers were asian stocks, led by the Japanese Nikkei-225. Currency markets were broadly flat, despite Japanese authorities acknowledging having intervened in the market to support the yen.
Government bond yields fell on both sides of the Atlantic, as expectations kept pointing to 2 rate hikes from the ECB and 1 from the Fed before year-end. In the euro area, CPI and HCPI numbers pointed to a lower-than-expected inflation in France, Germany and Spain in May. PMI's for May for eurozone countries will be released at the beginning of the week.