The altii Market Overview
Date: 2026-05-13
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Executive Summary
- Risk sentiment: neutral_to_positive
- Equity momentum: broadly_positive
- DACH versus global: dach_lagging
- Rates backdrop: euro_yields_mixed
- FX backdrop: mixed
Market Comment
Equities look broadly positive, led by Nasdaq Composite at +0.96% over five days, while DAX is the main laggard at -3.87%. Euro rates show euro yields mixed, with the 10-year AAA yield at 3.08% and a five-day move of -4.6 bp. The 10Y-2Y spread is 48.7 bp. FX is mixed, with EUR/USD at 1.1743 and a five-day move of -0.20%. Taken together, the setup points to neutral_to_positive risk sentiment, while dach lagging keeps the regional signal from being one-sided.
Key Observations
- Nasdaq Composite has the strongest 5-day move at 0.96%.
- DAX is the weakest 5-day performer at -3.87%.
- Nasdaq Composite leads on a 1-month basis at 13.91%.
- DACH indicators average -2.93% over 5 days versus 0.29% for global equity indicators.
- Euro area AAA 10Y yield is 3.08%, moving -4.6 bp over 5 days.
- Euro area AAA 10Y-2Y spread is 48.7 bp.
- EUR/USD is 1.1743, moving -0.20% over 5 days.
- EUR/GBP has the strongest 5-day FX move at 0.50%.
Equity Markets
| Instrument | Value | 1D | 5D | 1M | YTD | As of |
|---|---|---|---|---|---|---|
| DAX | 23,954.93 EUR | -1.62% | -3.87% | +0.63% | -3.85% | 2026-05-12 |
| ATX | 5,848.98 EUR | -1.47% | -1.99% | +0.61% | +10.03% | 2026-05-12 |
| Euro Stoxx 50 | 5,811.17 EUR | -1.43% | -3.58% | -1.94% | +0.26% | 2026-05-12 |
| S&P 500 | 7,400.96 USD | -0.16% | +0.49% | +8.57% | +8.11% | 2026-05-12 |
| Nasdaq Composite | 26,088.20 USD | -0.71% | +0.96% | +13.91% | +12.25% | 2026-05-12 |
| Nikkei 225 | 63,116.37 JPY | +0.60% | +0.45% | +11.70% | +25.38% | 2026-05-13 |
| Hang Seng | 26,427.00 HKD | +0.30% | -0.75% | +2.99% | +3.11% | 2026-05-13 |
Euro Rates
| Instrument | Value | 1D | 5D | 1M | YTD | As of |
|---|---|---|---|---|---|---|
| Euro Area AAA 2Y Yield | 2.59% | +5.2 bp | -4.7 bp | +6.1 bp | +48.4 bp | 2026-05-11 |
| Euro Area AAA 5Y Yield | 2.70% | +4.9 bp | -5.2 bp | +0.8 bp | +26.4 bp | 2026-05-11 |
| Euro Area AAA 10Y Yield | 3.08% | +2.7 bp | -4.6 bp | -2.1 bp | +13.2 bp | 2026-05-11 |
| Euro Area AAA 30Y Yield | 3.52% | +2.8 bp | -1.3 bp | -1.7 bp | +4.1 bp | 2026-05-11 |
FX
| Instrument | Value | 1D | 5D | 1M | YTD | As of |
|---|---|---|---|---|---|---|
| EUR/USD | 1.1743 | -0.03% | -0.20% | +0.34% | -0.08% | 2026-05-13 |
| EUR/CHF | 0.9165 | -0.07% | +0.09% | -0.94% | -1.59% | 2026-05-13 |
| EUR/JPY | 185.0500 | +0.11% | +0.37% | -0.65% | +0.55% | 2026-05-12 |
| EUR/GBP | 0.8687 | +0.29% | +0.50% | -0.26% | -0.42% | 2026-05-13 |
Data Quality
No data collection errors were recorded.
Important Note / Wichtiger Hinweis:
EN: This report may have been generated using AI. It processes data from publicly available sources. The content is provided for informational purposes only.DE: Dieser Bericht kann mithilfe von KI erstellt worden sein. Dabei werden Daten aus öffentlich zugänglichen Quellen verarbeitet. Die Inhalte dienen ausschließlich Informationszwecken.
* DE: Die ergänzenden Inhalte können KI-generiert sein. EN: The additional content may be AI-generated.