Financial Markets Daily Report
08 mayo 2026
Risk sentiment weakened progressively on Thursday, as early optimism over potential progress in US‑Iran talks faded by reports of skirmishes near the Strait of Hormuz, alongside news that Saudi Arabia and Kuwait had again lifted restrictions on US military access to their airspace and military bases.
Sovereign bond yields reversed initial declines. In the eurozone, yields edged higher at the short end and were broadly flat at longer maturities, as macro data showed March retail sales falling by less than expected and German factory orders surprising to the upside. US Treasury yields also ticked up, as incoming macro data kept pointing to a resilient labour market.
Equity markets fell on both sides of the Atlantic after a positive start to the European session, following gains earlier in Asian markets. In FX markets, the dollar strengthened against the euro and the yen. In commodities, oil and gas prices ended lower, with losses narrowing as the session progressed.