The altii Market Overview
Date: 2026-09-25
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Executive Summary
- Risk sentiment: neutral
- Equity momentum: mixed
- DACH versus global: dach_lagging
- Rates backdrop: euro_yields_mixed
- FX backdrop: mixed
Market Comment
Equities look mixed, led by Nikkei 225 at +3.70% over five days, while Hang Seng is the main laggard at -2.99%. Euro rates show euro yields mixed, with the 10-year AAA yield at 3.52% and a five-day move of +3.6 bp. The 10Y-2Y spread is 30.5 bp. FX is mixed, with EUR/USD at 1.1400 and a five-day move of -0.72%. Taken together, the setup points to neutral risk sentiment, while dach lagging keeps the regional signal from being one-sided.
Key Observations
- Nikkei 225 has the strongest 5-day move at 3.70%.
- Hang Seng is the weakest 5-day performer at -2.99%.
- ATX leads on a 1-month basis at 3.14%.
- DACH indicators average -0.26% over 5 days versus 0.75% for global equity indicators.
- Euro area AAA 10Y yield is 3.52%, moving 3.6 bp over 5 days.
- Euro area AAA 10Y-2Y spread is 30.5 bp.
- EUR/USD is 1.1400, moving -0.72% over 5 days.
- EUR/GBP has the strongest 5-day FX move at 0.20%.
Equity Markets
| Instrument | Value | 1D | 5D | 1M | YTD | As of |
|---|---|---|---|---|---|---|
| DAX | 25,266.53 EUR | -0.57% | -1.75% | -3.81% | +3.17% | 2026-09-24 |
| ATX | 6,882.04 EUR | -0.38% | +1.23% | +3.14% | +29.46% | 2026-09-24 |
| Euro Stoxx 50 | 6,317.50 EUR | +0.21% | +1.15% | -2.34% | +8.99% | 2026-09-24 |
| S&P 500 | 7,704.13 USD | -0.02% | +0.70% | +0.35% | +12.54% | 2026-09-24 |
| Nasdaq Composite | 26,939.37 USD | +0.01% | +1.57% | +3.01% | +15.91% | 2026-09-24 |
| Nikkei 225 | 66,285.36 JPY | +1.18% | +3.70% | +0.04% | +31.68% | 2026-09-25 |
| Hang Seng | 24,295.00 HKD | -1.88% | -2.99% | -5.29% | -5.21% | 2026-09-25 |
Euro Rates
| Instrument | Value | 1D | 5D | 1M | YTD | As of |
|---|---|---|---|---|---|---|
| Euro Area AAA 2Y Yield | 3.22% | +8.3 bp | +7.0 bp | +42.2 bp | +111.0 bp | 2026-09-23 |
| Euro Area AAA 5Y Yield | 3.33% | +11.3 bp | +9.1 bp | +39.2 bp | +88.9 bp | 2026-09-23 |
| Euro Area AAA 10Y Yield | 3.52% | +7.1 bp | +3.6 bp | +24.3 bp | +57.6 bp | 2026-09-23 |
| Euro Area AAA 30Y Yield | 3.76% | +4.5 bp | +1.3 bp | +3.6 bp | +28.4 bp | 2026-09-23 |
FX
| Instrument | Value | 1D | 5D | 1M | YTD | As of |
|---|---|---|---|---|---|---|
| EUR/USD | 1.1400 | -0.02% | -0.72% | -2.36% | -3.00% | 2026-09-25 |
| EUR/CHF | 0.9399 | +0.02% | -0.53% | +0.23% | +1.01% | 2026-09-25 |
| EUR/JPY | 180.4700 | +0.02% | -0.11% | -2.91% | -1.85% | 2026-09-25 |
| EUR/GBP | 0.8593 | +0.01% | +0.20% | +0.35% | -1.43% | 2026-09-25 |
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.