The altii Market Overview
Date: 2026-07-18
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Executive Summary
- Risk sentiment: neutral_to_negative
- Equity momentum: moderately_negative
- DACH versus global: broadly_in_line
- Rates backdrop: euro_yields_mixed
- FX backdrop: mixed
Market Comment
Equities look moderately negative, led by Hang Seng at +1.44% over five days, while Nikkei 225 is the main laggard at -4.61%. Euro rates show euro yields mixed, with the 10-year AAA yield at 3.18% and a five-day move of +6.9 bp. The 10Y-2Y spread is 47.8 bp. FX is mixed, with EUR/USD at 1.1457 and a five-day move of +0.29%. Taken together, the setup points to neutral_to_negative 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 1.44%.
- Nikkei 225 is the weakest 5-day performer at -4.61%.
- Hang Seng leads on a 1-month basis at 1.03%.
- DACH indicators average -1.33% over 5 days versus -1.33% for global equity indicators.
- Euro area AAA 10Y yield is 3.18%, moving 6.9 bp over 5 days.
- Euro area AAA 10Y-2Y spread is 47.8 bp.
- EUR/USD is 1.1457, moving 0.29% over 5 days.
- EUR/JPY has the strongest 5-day FX move at 0.36%.
Equity Markets
| Instrument | Value | 1D | 5D | 1M | YTD | As of |
|---|---|---|---|---|---|---|
| DAX | 24,830.98 EUR | -0.34% | -1.13% | -0.42% | +1.39% | 2026-07-17 |
| ATX | 6,364.91 EUR | -1.47% | -1.54% | -3.10% | +19.74% | 2026-07-17 |
| Euro Stoxx 50 | 6,230.87 EUR | -0.84% | -0.64% | -1.10% | +7.50% | 2026-07-17 |
| S&P 500 | 7,457.69 USD | -1.01% | -0.77% | +0.51% | +8.94% | 2026-07-17 |
| Nasdaq Composite | 25,520.24 USD | -1.40% | -1.36% | -1.93% | +9.80% | 2026-07-17 |
| Nikkei 225 | 64,141.12 JPY | -4.03% | -4.61% | -8.24% | +27.42% | 2026-07-17 |
| Hang Seng | 24,562.24 HKD | -1.78% | +1.44% | +1.03% | -4.17% | 2026-07-17 |
Euro Rates
| Instrument | Value | 1D | 5D | 1M | YTD | As of |
|---|---|---|---|---|---|---|
| Euro Area AAA 2Y Yield | 2.70% | +2.3 bp | +10.0 bp | +18.3 bp | +59.0 bp | 2026-07-16 |
| Euro Area AAA 5Y Yield | 2.84% | +2.2 bp | +9.7 bp | +19.9 bp | +40.0 bp | 2026-07-16 |
| Euro Area AAA 10Y Yield | 3.18% | +2.3 bp | +6.9 bp | +18.5 bp | +22.9 bp | 2026-07-16 |
| Euro Area AAA 30Y Yield | 3.65% | +2.5 bp | +4.4 bp | +15.1 bp | +17.0 bp | 2026-07-16 |
FX
| Instrument | Value | 1D | 5D | 1M | YTD | As of |
|---|---|---|---|---|---|---|
| EUR/USD | 1.1457 | -0.02% | +0.29% | -0.59% | -2.52% | 2026-07-18 |
| EUR/CHF | 0.9251 | -0.02% | -0.12% | +0.47% | -0.60% | 2026-07-18 |
| EUR/JPY | 186.0700 | -0.01% | +0.36% | +0.42% | +1.19% | 2026-07-18 |
| EUR/GBP | 0.8508 | +0.01% | -0.31% | -1.72% | -2.44% | 2026-07-18 |
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.