The altii Market Overview
Date: 2026-07-22
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Executive Summary
- Risk sentiment: neutral_to_negative
- Equity momentum: mixed
- DACH versus global: dach_outperforming
- Rates backdrop: euro_yields_mixed
- FX backdrop: mixed
Market Comment
Equities look mixed, led by ATX at +0.61% over five days, while Nikkei 225 is the main laggard at -2.64%. Euro rates show euro yields mixed, with the 10-year AAA yield at 3.17% and a five-day move of +2.2 bp. The 10Y-2Y spread is 45.8 bp. FX is mixed, with EUR/USD at 1.1440 and a five-day move of -0.15%. Taken together, the setup points to neutral_to_negative risk sentiment, while dach outperforming keeps the regional signal from being one-sided.
Key Observations
- ATX has the strongest 5-day move at 0.61%.
- Nikkei 225 is the weakest 5-day performer at -2.64%.
- Hang Seng leads on a 1-month basis at 4.88%.
- DACH indicators average 0.33% over 5 days versus -1.36% for global equity indicators.
- Euro area AAA 10Y yield is 3.17%, moving 2.2 bp over 5 days.
- Euro area AAA 10Y-2Y spread is 45.8 bp.
- EUR/USD is 1.1440, moving -0.15% over 5 days.
- EUR/CHF has the strongest 5-day FX move at 0.07%.
Equity Markets
| Instrument | Value | 1D | 5D | 1M | YTD | As of |
|---|---|---|---|---|---|---|
| DAX | 25,011.35 EUR | +0.66% | +0.05% | +0.10% | +2.13% | 2026-07-21 |
| ATX | 6,511.24 EUR | +1.79% | +0.61% | -0.25% | +22.49% | 2026-07-21 |
| Euro Stoxx 50 | 6,276.65 EUR | +0.79% | +0.18% | -0.26% | +8.29% | 2026-07-21 |
| S&P 500 | 7,509.20 USD | +0.89% | -0.83% | +0.12% | +9.70% | 2026-07-21 |
| Nasdaq Composite | 25,837.21 USD | +1.29% | -1.64% | -2.57% | +11.17% | 2026-07-21 |
| Nikkei 225 | 66,937.13 JPY | +1.06% | -2.64% | -7.49% | +32.97% | 2026-07-22 |
| Hang Seng | 24,928.31 HKD | -0.81% | -0.32% | +4.88% | -2.74% | 2026-07-22 |
Euro Rates
| Instrument | Value | 1D | 5D | 1M | YTD | As of |
|---|---|---|---|---|---|---|
| Euro Area AAA 2Y Yield | 2.71% | +1.2 bp | +2.2 bp | +13.4 bp | +60.1 bp | 2026-07-20 |
| Euro Area AAA 5Y Yield | 2.84% | +0.7 bp | +3.2 bp | +14.0 bp | +39.8 bp | 2026-07-20 |
| Euro Area AAA 10Y Yield | 3.17% | +1.6 bp | +2.2 bp | +13.1 bp | +22.0 bp | 2026-07-20 |
| Euro Area AAA 30Y Yield | 3.63% | +2.9 bp | +2.4 bp | +10.7 bp | +15.2 bp | 2026-07-20 |
FX
| Instrument | Value | 1D | 5D | 1M | YTD | As of |
|---|---|---|---|---|---|---|
| EUR/USD | 1.1440 | -0.01% | -0.15% | -0.25% | -2.66% | 2026-07-22 |
| EUR/CHF | 0.9256 | +0.02% | +0.07% | -0.01% | -0.55% | 2026-07-22 |
| EUR/JPY | 186.0900 | +0.03% | +0.02% | +0.41% | +1.20% | 2026-07-22 |
| EUR/GBP | 0.8514 | +0.02% | +0.06% | -1.71% | -2.38% | 2026-07-22 |
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.