Financial Markets Daily Report09 març 2026
Friday’s session began on a risk-on footing, with European equities moving higher in early hours. Sentiment later turned more cautious following remarks from Qatar’s energy minister suggesting that oil market normalization could take weeks to months after hostilities end. Brent crude spiked over $90/barrel and is trading above $100 as of this morning.
With rising energy prices and increasing inflation concerns, government yields rose and most equity indices closed with losses in the euro area. In the US, the session was driven by the conflict in the Middle East but also by weak labour market data for February, with 92,000 jobs being lost and unemployment rate ticking up to 4.4% from 4.3%.
Treasury yields closed flat and stock indices fell, while the US dollar traded flat and the Swiss franc acted as a safe-haven. In commodities markets, TTF prices continued to rise and gold is trading around $5100/ounce. This week, investors will remain attentive to developments in the Middle East, while also focusing on US inflation data released on Wednesday.