The altii Market Overview 2026-07-23

ReportsThe altii Market Overview 2026-07-23

The altii Market Overview

Date: 2026-07-23

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Executive Summary

  • Risk sentiment: neutral
  • Equity momentum: mixed
  • DACH versus global: broadly_in_line
  • Rates backdrop: euro_yields_mixed
  • FX backdrop: mixed

Market Comment

Equities look mixed, led by Hang Seng at +2.72% over five days, while Nasdaq Composite is the main laggard at -0.74%. Euro rates show euro yields mixed, with the 10-year AAA yield at 3.21% and a five-day move of +5.6 bp. The 10Y-2Y spread is 47.3 bp. FX is mixed, with EUR/USD at 1.1428 and a five-day move of -0.24%. Taken together, the setup points to neutral risk sentiment, while broadly in line keeps the regional signal from being one-sided.

Key Observations

  • Hang Seng has the strongest 5-day move at 2.72%.
  • Nasdaq Composite is the weakest 5-day performer at -0.74%.
  • Hang Seng leads on a 1-month basis at 8.12%.
  • DACH indicators average 1.01% over 5 days versus 0.27% for global equity indicators.
  • Euro area AAA 10Y yield is 3.21%, moving 5.6 bp over 5 days.
  • Euro area AAA 10Y-2Y spread is 47.3 bp.
  • EUR/USD is 1.1428, moving -0.24% over 5 days.
  • EUR/CHF has the strongest 5-day FX move at 0.31%.

Equity Markets

InstrumentValue1D5D1MYTDAs of
DAX25,155.41 EUR+0.58%+0.96%+0.06%+2.72%2026-07-22
ATX6,528.16 EUR+0.26%+1.06%-1.01%+22.81%2026-07-22
Euro Stoxx 506,317.19 EUR+0.50%+0.53%+0.09%+8.99%2026-07-22
S&P 5007,498.96 USD-0.14%-0.46%+0.35%+9.55%2026-07-22
Nasdaq Composite25,690.90 USD-0.57%-0.74%-1.82%+10.54%2026-07-22
Nikkei 22566,539.95 JPY+0.64%-0.44%-4.65%+32.18%2026-07-23
Hang Seng25,231.00 HKD+1.36%+2.72%+8.12%-1.56%2026-07-23

Euro Rates

InstrumentValue1D5D1MYTDAs of
Euro Area AAA 2Y Yield2.74%+2.7 bp+6.1 bp+16.1 bp+62.9 bp2026-07-21
Euro Area AAA 5Y Yield2.88%+4.3 bp+6.2 bp+18.3 bp+44.0 bp2026-07-21
Euro Area AAA 10Y Yield3.21%+4.2 bp+5.6 bp+17.3 bp+26.2 bp2026-07-21
Euro Area AAA 30Y Yield3.66%+2.5 bp+3.2 bp+13.2 bp+17.7 bp2026-07-21

FX

InstrumentValue1D5D1MYTDAs of
EUR/USD1.1428+0.01%-0.24%-0.04%-2.77%2026-07-23
EUR/CHF0.9277+0.03%+0.31%+0.38%-0.32%2026-07-23
EUR/JPY186.2900+0.01%+0.13%+0.80%+1.31%2026-07-23
EUR/GBP0.8532+0.02%+0.26%-1.23%-2.18%2026-07-23

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.