The altii Market Overview
Date: 2026-07-03
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Executive Summary
- Risk sentiment: neutral_to_positive
- Equity momentum: mixed
- DACH versus global: broadly_in_line
- Rates backdrop: euro_yields_mixed
- FX backdrop: mixed
Market Comment
Equities look mixed, led by DAX at +3.69% over five days, while Nikkei 225 is the main laggard at -0.25%. Euro rates show euro yields mixed, with the 10-year AAA yield at 2.96% and a five-day move of +4.7 bp. The 10Y-2Y spread is 48.9 bp. FX is mixed, with EUR/USD at 1.1417 and a five-day move of +0.01%. Taken together, the setup points to neutral_to_positive risk sentiment, while broadly in line keeps the regional signal from being one-sided.
Key Observations
- DAX has the strongest 5-day move at 3.69%.
- Nikkei 225 is the weakest 5-day performer at -0.25%.
- ATX leads on a 1-month basis at 5.82%.
- DACH indicators average 2.55% over 5 days versus 1.67% for global equity indicators.
- Euro area AAA 10Y yield is 2.96%, moving 4.7 bp over 5 days.
- Euro area AAA 10Y-2Y spread is 48.9 bp.
- EUR/USD is 1.1417, moving 0.01% over 5 days.
Equity Markets
| Instrument | Value | 1D | 5D | 1M | YTD | As of |
|---|---|---|---|---|---|---|
| DAX | 25,580.88 EUR | +2.16% | +3.69% | +1.82% | +4.45% | 2026-07-02 |
| ATX | 6,497.14 EUR | +1.73% | +1.42% | +5.82% | +22.22% | 2026-07-02 |
| Euro Stoxx 50 | 6,360.47 EUR | +1.24% | +2.23% | +4.14% | +9.73% | 2026-07-02 |
| S&P 500 | 7,483.24 USD | +0.00% | +1.76% | -1.66% | +9.32% | 2026-07-02 |
| Nasdaq Composite | 25,832.67 USD | -0.80% | +2.12% | -4.66% | +11.15% | 2026-07-02 |
| Nikkei 225 | 69,296.35 JPY | +0.82% | -0.25% | +1.31% | +37.66% | 2026-07-03 |
| Hang Seng | 23,366.00 HKD | +1.35% | +3.06% | -8.84% | -8.84% | 2026-07-03 |
Euro Rates
| Instrument | Value | 1D | 5D | 1M | YTD | As of |
|---|---|---|---|---|---|---|
| Euro Area AAA 2Y Yield | 2.47% | -0.2 bp | -0.2 bp | -10.4 bp | +36.5 bp | 2026-07-01 |
| Euro Area AAA 5Y Yield | 2.60% | +1.8 bp | +1.7 bp | -11.8 bp | +16.0 bp | 2026-07-01 |
| Euro Area AAA 10Y Yield | 2.96% | +3.9 bp | +4.7 bp | -10.5 bp | +1.5 bp | 2026-07-01 |
| Euro Area AAA 30Y Yield | 3.48% | +4.5 bp | +6.3 bp | -5.9 bp | -0.1 bp | 2026-07-01 |
FX
| Instrument | Value | 1D | 5D | 1M | YTD | As of |
|---|---|---|---|---|---|---|
| EUR/USD | 1.1417 | +0.07% | +0.01% | -1.86% | -2.86% | 2026-07-03 |
| EUR/CHF | 0.9208 | -0.07% | -0.26% | +0.46% | -1.06% | 2026-07-03 |
| EUR/JPY | 184.7800 | -0.15% | -0.01% | -0.67% | +0.48% | 2026-07-03 |
| EUR/GBP | 0.8579 | -0.09% | -0.62% | -0.79% | -1.64% | 2026-07-03 |
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.