Financial Markets Daily Report19 juny 2026
As no relevant news came from the conflict in the Middle East, yesterday's session still had volatile energy markets but no major drivers. Brent crude prices closed nearly flat at USD 80/bbl, while TTF natural gas prices continued to ease, closing the session just above EUR 40/MWh. Volatility decreased after Wednesday's sharp increase following the Fed's meeting.
Government bond yields ticked up in the euro area, keeping peripheral spreads steady, while US Treasury yields slightly corrected the sharp increase they suffered on the previous session, especially in the short end. Yesterday, the Bank of England, the SNB (Switzerland) and the Norges Bank (Norway) kept rates unchanged at 3.75%, 0% and 4.25%, respectively.
Equity markets broadly advanced, especially in the US, driven by the technology sector. In FX markets, the US dollar effective exchange rate against other developed currencies reached a one-year high, leaving the EUR/USD cross in the 1.14 territory and the USD/JPY well above the 160 red line, in spite of the easing geopolitical tensions.