Daily Report

16 de Junho de 2025
Financial Markets | daily report 16.06.2025
  • Markets turned defensive on Friday as geopolitical tensions in the Middle East escalated. Sovereign bond yields rose across the curve on both sides of the Atlantic, with eurozone peripheral spreads widening slightly. Concerns that surging oil prices could reignite inflationary pressures clouded other macro developments: in the US, the University of Michigan’s consumer sentiment index for June surprised to the upside, while Eurozone industrial production for April fell by more than expected.
  • Equity indices fell sharply worldwide, reversing earlier weekly gains in US indices. Cyclical sectors were among the biggest losers, while volatility spiked, and energy and defense stocks recorded some gains.
  • In FX, the dollar strengthened modestly against major peers, supported by safe-haven flows. Commodity markets saw sharp moves: oil and natural gas prices soared, as investors feared that oil cargoes passing through the Strait of Hormuz could be disrupted. Separately, gold prices rose, as investor sought havens.