Financial Markets Daily Report
30 marzo 2026
Risk sentiment deteriorated sharply into the end of the week, as escalating tensions in the Middle East weighed on markets. Brent crude rose to USD 112/bbl while global equities sold off, led by US indices, with the Nasdaq now down around 10% from its recent peak.
Euro area sovereign yields edged higher, with peripheral spreads remaining mostly unchanged, as markets continued to price in up to three ECB rate hikes in 2026 despite comments from the ECB’s Schnabel, who noted that the central bank is in no rush to tighten policy and can remain data-dependent. US Treasury yields were mixed with short-end yields easing.
In currency markets, the US dollar strengthened further, particularly against the yen, which weakened to around 160 per dollar, reviving concerns over potential intervention. In commodities, European TTF gas traded near €54/MWh, while gold prices edged slightly higher.