The altii Market Overview
Date: 2026-05-25
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Executive Summary
- Risk sentiment: positive
- Equity momentum: moderately_positive
- DACH versus global: broadly_in_line
- Rates backdrop: euro_yields_mixed
- FX backdrop: mixed
Market Comment
Equities look moderately positive, led by Nikkei 225 at +7.78% over five days, while Hang Seng is the main laggard at -0.27%. Euro rates show euro yields mixed, with the 10-year AAA yield at 3.14% and a five-day move of -5.5 bp. The 10Y-2Y spread is 51.1 bp. FX is mixed, with EUR/USD at 1.1620 and a five-day move of +0.05%. Taken together, the setup points to positive risk sentiment, while broadly in line keeps the regional signal from being one-sided.
Key Observations
- Nikkei 225 has the strongest 5-day move at 7.78%.
- Hang Seng is the weakest 5-day performer at -0.27%.
- Nikkei 225 leads on a 1-month basis at 9.28%.
- DACH indicators average 2.11% over 5 days versus 2.36% for global equity indicators.
- Euro area AAA 10Y yield is 3.14%, moving -5.5 bp over 5 days.
- Euro area AAA 10Y-2Y spread is 51.1 bp.
- EUR/USD is 1.1620, moving 0.05% over 5 days.
- EUR/JPY has the strongest 5-day FX move at 0.11%.
Equity Markets
| Instrument | Value | 1D | 5D | 1M | YTD | As of |
|---|---|---|---|---|---|---|
| DAX | 24,888.56 EUR | +1.15% | +2.39% | +2.87% | -0.41% | 2026-05-22 |
| ATX | 5,982.75 EUR | +1.22% | +1.84% | +2.98% | +12.55% | 2026-05-22 |
| Euro Stoxx 50 | 6,019.45 EUR | +0.99% | +2.91% | +1.92% | +3.85% | 2026-05-22 |
| S&P 500 | 7,473.47 USD | +0.37% | +0.95% | +4.70% | +9.17% | 2026-05-22 |
| Nasdaq Composite | 26,343.97 USD | +0.19% | +0.97% | +6.84% | +13.35% | 2026-05-22 |
| Nikkei 225 | 65,258.55 JPY | +3.03% | +7.78% | +9.28% | +29.64% | 2026-05-25 |
| Hang Seng | 25,606.03 HKD | +0.86% | -0.27% | -2.13% | -0.10% | 2026-05-22 |
Euro Rates
| Instrument | Value | 1D | 5D | 1M | YTD | As of |
|---|---|---|---|---|---|---|
| Euro Area AAA 2Y Yield | 2.63% | -4.4 bp | -5.8 bp | +17.3 bp | +52.0 bp | 2026-05-21 |
| Euro Area AAA 5Y Yield | 2.76% | -5.7 bp | -6.9 bp | +14.2 bp | +32.0 bp | 2026-05-21 |
| Euro Area AAA 10Y Yield | 3.14% | -5.1 bp | -5.5 bp | +10.4 bp | +19.2 bp | 2026-05-21 |
| Euro Area AAA 30Y Yield | 3.57% | -4.5 bp | -4.2 bp | +7.8 bp | +8.7 bp | 2026-05-21 |
FX
| Instrument | Value | 1D | 5D | 1M | YTD | As of |
|---|---|---|---|---|---|---|
| EUR/USD | 1.1620 | -0.01% | +0.05% | -0.72% | -1.14% | 2026-05-25 |
| EUR/CHF | 0.9135 | -0.05% | -0.21% | -0.61% | -1.84% | 2026-05-25 |
| EUR/JPY | 184.9400 | +0.01% | +0.11% | -1.02% | +0.57% | 2026-05-25 |
| EUR/GBP | 0.8648 | -0.02% | -0.05% | -0.34% | -0.85% | 2026-05-25 |
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.