June 9, 2026

Daily commentary

A day of extreme volatility, amid reports that Iran shot down an American helicopter, to which Trump said the U.S. would have to respond. The Nasdaq was down more than 3% at one point, but closed down just 1% amid a strong recovery in the broader market, which also saw crude oil down 3% along with metals and agricultural commodities. Treasuries rose to...
June 8, 2026

Market Flash

The market reflected growing expectations of a Fed interest rate hike before the end of the year. Futures markets are pricing in a probability of nearly 72% that the Fed will raise rates by between a quarter and three-quarters of a point by December, according to CME FedWatch. The probability that the...
June 7, 2026

Monthly Report, June 2026

June was marked by a shift in the energy markets and a significant sector rotation in the equity markets. After months of intense tensions, there were significant advances in the negotiations between Iran and the United States, which partially eased geopolitical tensions and resulted in...
June 4, 2026

Daily commentary

Asian equities opened the trading session with an average decline of 1.5%, followed by gains in Europe and the U.S., where the Dow led the way with a gain of nearly 2%, accompanied by a 2-4 basis point drop in yields in both Europe and the U.S. In commodities, crude oil fell 3% amid apparent progress in negotiations between the U.S. and Iran...
June 3, 2026

Daily commentary

New attacks between the U.S. and Iran put markets on the defensive, with crude oil rising 2.5% (WTI $96, Brent $98), while global equities fell, accompanied by a rise in interest rates of up to 9 basis points in Europe and 6 basis points in the U.S.; U.S. interest rate futures continue to point...
June 2, 2026

Daily commentary

Equity indices were in positive territory across major markets, led by Hong Kong’s Hang Seng and the Euro Stoxx 50, rising alongside European government bonds (yields down 4 basis points) and U.S. Treasuries, which closed marginally higher. In commodities, crude oil rose 1.5%, while metals and agricultural commodities...
June 1, 2026

Daily commentary

Following reports that Iran would suspend negotiations with the U.S. over Israel’s attacks in Lebanon, Trump said the negotiations are moving forward “quickly,” causing further confusion in the market, which ended with oil up 5% after having risen as much as 8%, and Treasuries down (yields up 4–5 bps)...
May 26, 2026

Market Flash

The minutes released Wednesday from the Federal Reserve’s latest meeting showed that members considered keeping rates unchanged for longer than expected, and even discussed possible rate hikes if inflation remains high. Most agreed that a shift toward monetary policy...