Financial Markets Daily Report
17 junio 2026
Markets remained on a risk-on mode on Tuesday, with expectations of an imminent reopening of the Strait of Hormuz. Brent crude prices dropped 5% for the second consecutive session, settling at $79/bbl, a minimum since early March. TTF natural gas fell by nearly 2%, closing the session just below EUR 42/MWh, while the EUR/USD remained stable around 1,16.
Government bond yields fell on both sides of the Atlantic, with peripheral risk premia contracting, particularly in France and Italy. Monetary policy expectations remained stable, with just one further ECB hike priced in. Implicit money market rates expect the Fed will leave rates unchanged in today's meeting (the first chaired by Kevin Warsh).
In equities markets, European indices posted moderate gains, while US indices partially reversed the strong gains from the previous session, particularly in the tech sector (Nasdaq -1,2%). Asian markets have remained broadly stable, on news of weak activity in China and the BoJ’s widely expected rate hike, which cited persistent price pressures.