September 4, 2026

Daily commentary

The trading session in the U.S. closed with moderate losses following the August jobs report, which came in stronger than expected with 162,000 nonfarm payrolls and an unemployment rate that remained steady at 4.1%. The data raised the probability of a rate hike at the Fed’s September 16 meeting to just over 60%, up from...
August 31, 2026

Daily commentary

Global markets closed lower after the United States and Iran exchanged attacks for the first time in nearly a month, with U.S. forces striking an island in the Strait of Hormuz and Iran responding with attacks on the United Arab Emirates and Jordan. Oil prices soared as...
August 27, 2026

Daily commentary

A day of strong risk appetite in global markets, with the Nasdaq rising 1.6% and the S&P 500 0.7%, driven by Nvidia, which surged 8.5% after projecting revenue growth of approximately 70% for the next fiscal year, reinforcing the narrative that the AI investment cycle is far from...
August 26, 2026

Daily commentary

The trading session in the U.S. closed with slight, mixed movements, as investors adopted a wait-and-see approach ahead of Nvidia’s after-hours earnings report—a key indicator of the state of the artificial intelligence sector. The Nasdaq rose 0.1% and the S&P 500 gained 0.1%, while the Dow Jones fell 0.1%. In Asia, the mood was more positive, with the Nikkei...
August 25, 2026

Daily commentary

The global trading session was marked by a rally ahead of Nvidia’s earnings report, which snapped a seven-session losing streak ahead of Wednesday’s report. In the U.S., the Nasdaq rose 0.7%, the S&P 500 0.3%, and the Dow Jones 0.3%; overseas, the Nikkei gained 0.5%, the Kospi 0.7%, and the Stoxx...
August 24, 2026

Daily commentary

The session got off to a cautious start in the U.S., where a sell-off in semiconductor stocks set the tone for the market; the Nasdaq fell 0.5% and the S&P 500 dropped 0.2%, while the Dow Jones posted a slight gain of 0.1%. The sell-off in chip stocks came days before Nvidia’s earnings report, after news broke that the...
August 18, 2026

Daily commentary

U.S. consumer spending data came in worse than expected, causing a slight pullback in U.S. equities, with the Nasdaq falling 0.28% and the S&P 500 falling 0.20, along with a rise in interest rates of 2–5 basis points in the U.S. and up to 10 basis points in Europe. In commodities, crude oil rose 1.5% on average, while metals and agricultural commodities also rose.
August 17, 2026

Daily commentary

Stocks fall as Brent crude tops $90 amid risks in the Middle East. Stocks followed bonds lower amid concerns that high oil prices could fuel inflation, as hopes for an agreement to end the war with Iran dim...
August 11, 2026

Daily commentary

It was a mixed day in the U.S., with the major indices closing slightly lower: the Nasdaq fell 0.6%, the S&P 500 dropped 0.3%, and the Dow Jones declined 0.3%, while Europe (Stoxx 600) rose 0.2% and Asia closed mixed, with the Kospi up 0.7% and the CSI 300 down 0.8% (the Nikkei was flat). In the fixed-income market, we saw a bull...