Financial Markets Daily Report03 junio 2026
Yesterday's was another volatile session, with markets assessing the fragility of the recent ceasefire agreement between the US and Iran, as Israel maintains its attacks against Lebanon. Brent crude prices closed higher at USD 96/barrel after briefly touching USD 93 during the session, while TTF natural gas prices closed down -3%.
On the macro front, euro area CPI data for May showed a heating inflation in line with expectations (3.2% vs 3% in April, core 2.5% vs 2.2% April). Despite this, sovereign yields fell, with a slight narrowing of peripheral spreads. US Treasuries were little changed after JOLTS data showed a jump in job openings.
In equities markets, euro area indices advanced while US indices closed mostly flat. The dollar was flat against most currencies, only strengthening against the Japanese yen and approaching the barrier of 160 JPY per USD that has previously triggered a currency intervention by authorities.