The altii Market Overview
Date: 2026-09-23
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Executive Summary
- Risk sentiment: neutral_to_positive
- Equity momentum: mixed
- DACH versus global: dach_lagging
- Rates backdrop: euro_yields_mixed
- FX backdrop: mixed
Market Comment
Equities look mixed, led by Nasdaq Composite at +4.87% over five days, while DAX is the main laggard at +0.68%. Euro rates show euro yields mixed, with the 10-year AAA yield at 3.47% and a five-day move of -7.0 bp. The 10Y-2Y spread is 32.6 bp. FX is mixed, with EUR/USD at 1.1480 and a five-day move of -0.10%. 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 4.87%.
- DAX is the weakest 5-day performer at 0.68%.
- ATX leads on a 1-month basis at 4.35%.
- DACH indicators average 1.15% over 5 days versus 2.80% for global equity indicators.
- Euro area AAA 10Y yield is 3.47%, moving -7.0 bp over 5 days.
- Euro area AAA 10Y-2Y spread is 32.6 bp.
- EUR/USD is 1.1480, moving -0.10% over 5 days.
- EUR/JPY has the strongest 5-day FX move at 0.21%.
Equity Markets
| Instrument | Value | 1D | 5D | 1M | YTD | As of |
|---|---|---|---|---|---|---|
| DAX | 25,575.01 EUR | +1.07% | +0.68% | -2.15% | +4.43% | 2026-09-21 |
| ATX | 6,920.37 EUR | +0.29% | +1.61% | +4.35% | +30.19% | 2026-09-22 |
| Euro Stoxx 50 | 6,364.20 EUR | +0.20% | +1.56% | -1.49% | +9.80% | 2026-09-22 |
| S&P 500 | 7,764.64 USD | -0.00% | +2.82% | +1.18% | +13.43% | 2026-09-22 |
| Nasdaq Composite | 27,244.28 USD | +0.45% | +4.87% | +4.06% | +17.22% | 2026-09-22 |
| Nikkei 225 | 65,018.95 JPY | +1.38% | +2.40% | -0.47% | +29.16% | 2026-09-18 |
| Hang Seng | 24,877.00 HKD | -0.84% | +1.11% | -2.51% | -2.94% | 2026-09-23 |
Euro Rates
| Instrument | Value | 1D | 5D | 1M | YTD | As of |
|---|---|---|---|---|---|---|
| Euro Area AAA 2Y Yield | 3.15% | -6.8 bp | -4.0 bp | +38.7 bp | +103.9 bp | 2026-09-21 |
| Euro Area AAA 5Y Yield | 3.23% | -7.1 bp | -5.8 bp | +30.7 bp | +78.4 bp | 2026-09-21 |
| Euro Area AAA 10Y Yield | 3.47% | -5.6 bp | -7.0 bp | +20.3 bp | +52.6 bp | 2026-09-21 |
| Euro Area AAA 30Y Yield | 3.73% | -2.2 bp | -7.8 bp | +0.2 bp | +24.7 bp | 2026-09-21 |
FX
| Instrument | Value | 1D | 5D | 1M | YTD | As of |
|---|---|---|---|---|---|---|
| EUR/USD | 1.1480 | -0.03% | -0.10% | -1.71% | -2.31% | 2026-09-23 |
| EUR/CHF | 0.9419 | -0.03% | -0.57% | +0.67% | +1.22% | 2026-09-23 |
| EUR/JPY | 180.6900 | -0.02% | +0.21% | -2.72% | -1.73% | 2026-09-23 |
| EUR/GBP | 0.8580 | +0.00% | -0.08% | +0.20% | -1.58% | 2026-09-23 |
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.