Financial Markets Daily Report09 octubre 2026
Energy prices rose on Thursday amid reports of intensified Iranian attacks on tankers crossing Hormuz, before Trump ruled out new US attacks on Iran ahead of the midterms. Eurozone short-term inflation expectations rose, while ECB and Fed hike expectations remained stable, as officials struck a cautious, mildly hawkish tone and did not endorse an October move.
Eurozone sovereign yields were mixed. German yields rose, particularly at the short end, flattening the curve. Peripheral spreads narrowed, led by Italy, as parliament approved a reform allowing election winners to secure a larger majority. French spreads remained flat. US Treasury yields fell, particularly at the long end of the curve.
The dollar depreciated slightly against its major peers, while the euro strengthened. In stock markets, most European equity indices fell, with banks and financials leading the losses while energy companies outperformed. US indices also fell, weighed down by large-cap technology and semiconductor stocks.