Financial Markets Daily Report15 juny 2026
Friday's session was driven by optimism, especially in the euro area, where Thursday evening geopolitical headlines (Trump cancelled the strikes that were planned on Iran and declared being close to a peace agreement) were put in price. This deal has been reached during the weekend, it will be signed on Friday and will imply the reopening of Strait of Hormuz.
Government bond yields in the euro area fell, narrowing peripheral spreads, while Treasury yields, that had already fell on Thursday, ticked up ahead of this week's meeting from the Fed, that is expected to leave interest rates untouched. Other central banks, including the Bank of England and the Bank of Japan, are also meet this week.
In commodities markets, Brent crude prices closed just above USD 87/bbl, reaching 3-month lows, while TTF natural gas settled below EUR 47/MWh. Euro area stock indices registered sharp gains, led by the Spanish IBEX 35, while US indices remained broadly stable and market-implied volatility fell.