Daily Report

25 de Junho de 2025
Financial Markets | daily report 25.06.2025
  • News of a ceasefire agreement between Israel and Iran boosted risk appetite during yesterday's trading session. Global stocks rallied, while crude oil prices fell amid reduced fears of a potential supply disruption in the Middle East eased. Brent prices fell below $70 per barrel, marking an almost 15% drop from last week's high.
  • Euro area sovereign yields edged higher amid global risk on flows and ahead of this week's NATO meeting, where increasing defense spending plans are being debated. US Treasury yields fell on the back of remarks from Powell in Congress suggesting that were inflation to rise less than expected, rate cuts could come sooner. The dollar fell to 1.16 against the euro.
  • On the macro data front, survey figures released yesterday showed US consumer confidence deteriorated in June, with the Consumer Confidence Index dropping 5.4 points to 93.0, while inflation expectations eased. Conversely, in Germany, the IFO business climate index rose to 88.4 this month.