April 16, 2026

Daily commentary

It was a calmer day in the market, but U.S. indices still closed higher, extending their winning streak to 12 days; the Nasdaq is up 3.7% year-to-date (YTD) and the S&P 500 is up 2.86%. Earlier, Asian indices gained 1–2%, while European indices closed mixed, down 0.5%. As for interest rates, European rates fell by 1-3 bps...
April 15, 2026

Daily commentary

The S&P 500 and the Nasdaq 100 hit new record highs, rising 0.8% and 1.6% today, respectively, after it was confirmed that the truce between the U.S. and Iran had been extended; earlier, Asian equities had risen while European equities had fallen by 0.5% on average. In terms of rates, we saw global increases of 3-5 bps, marking the 8th...
April 14, 2026

Daily commentary

Global risk assets remain unstoppable amid reports that negotiations between the U.S. and Iran to end the war are continuing. U.S. equities rose 1–2%, with the three major indices ending the year in positive territory, similar to the gains seen in European and Asian indices, with the Nikkei remaining the top performer...
April 8, 2026

Daily commentary

Stock markets rise following the plunge in oil prices triggered by the ceasefire agreement between the U.S. and Iran. A wave of optimism swept through global financial markets after the United States and Iran reached a ceasefire agreement, boosting stock markets and triggering the biggest drop...
April 7, 2026

Daily commentary

Stocks pare losses on hopes of a deadline extension Hopes for a diplomatic resolution to the war in the Middle East lifted stocks from their session lows before the deadline set by...
April 6, 2026

Daily commentary

The week is off to a slow start globally due to holidays in Asia and, in particular, Europe, but the U.S. market closed on a positive note despite the continued tough rhetoric toward Iran and comments from Iranian officials that no agreement is in sight. Treasuries were flat...
March 24, 2026

Daily commentary

Reports that Saudi Arabia plans to escalate the conflict with Iran triggered a new wave of risk-off sentiment, though this ultimately proved limited, as afternoon buying offset the initial impact of the news. This was compounded by the announcement that the U.S. will deploy 3,000 troops to the Middle East, pushing global interest rates up by 4–7 basis points and leaving most stock indices in positive territory...
March 23, 2026

Daily commentary

The market continues to move to Trump’s tune, buoyed today by a statement he released this morning in which he said he is negotiating with Iran and that there will be no attacks for the next five days—after he said over the weekend that he would strike Iran even harder if they did not open the Strait of Hormuz within the next 48 hours...
March 20, 2026

Daily commentary

The week ends with one of the worst days of the year on the market, as Iran maintains its stance that the Strait of Hormuz remains closed and CBS reports that the U.S. is reportedly making preparations for a possible ground attack on Iran. Equities fell 1.5–2.5% globally, with the technology sector performing the worst, amid...