Financial Markets Daily Report
07 julio 2026
Commodity markets continued to trade on a relatively positive note in yesterday's session, as investors remained optimistic about the prospects of the US-Iran agreement. Brent crude prices closed flat, nearing pre-war levels, while TTF natural gas prices fell to EUR 44/MWh, correcting after several days of increases last week.
Sovereign yields increased marginally, keeping peripheral spreads constant, while US Treasury yields continued to ease, after the sharp decline they suffered last Thursday, when a weaker-than-expected release on non-farm payrolls decreased the expectations of a Fed rate hike this year.
Euro area equity indices posted losses, led by the Portuguese PSI 20 and the Spanish IBEX 35, while US stocks advanced, led by the tech sector, that rebounded after the three-day holiday. In currency markets, the US dollar surged after it lost ground late last week, and left its cross with the Japanese yen at 4-decade highs.