Financial Markets Daily Report13 julio 2026
Markets closed Friday on a mixed note as attention remained on the risk of disruptions in the Strait of Hormuz, although Trump signalled openness to a deal with Iran. Oil prices ended little changed after a choppy session and TTF gas prices fell.
Interest rate expectations moved higher on both sides of the Atlantic, with markets pricing two ECB and Fed hikes over the next 12 months. Sovereign yields fell in the euro area but rose in the US, flattening the Treasury curve ahead of this week's June CPI report and Congressional testimony from Kevin Warsh.
Euro area equities were mixed, with the EuroStoxx50 and DAX underperforming amid concerns over Chinese demand and higher energy costs. Asian indices advanced, led by the Japanese Nikkei, alongside a stronger yen and lower long-term yields after the Finance Minister encouraged pension funds to allocate more capital domestically. US indices also advanced and volatility eased, helped by strength in semiconductor stocks following SK Hynix's Nasdaq debut.