The altii Market Overview
Date: 2026-05-19
Listen to the summary
Executive Summary
- Risk sentiment: neutral
- Equity momentum: mixed
- DACH versus global: dach_outperforming
- Rates backdrop: euro_yields_rising
- FX backdrop: mixed
Market Comment
Equities look mixed, led by DAX at +1.47% over five days, while Nikkei 225 is the main laggard at -4.37%. Euro rates show euro yields rising, with the 10-year AAA yield at 3.20% and a five-day move of +11.5 bp. The 10Y-2Y spread is 50.8 bp. FX is mixed, with EUR/USD at 1.1618 and a five-day move of -0.27%. Taken together, the setup points to neutral risk sentiment, while dach outperforming keeps the regional signal from being one-sided.
Key Observations
- DAX has the strongest 5-day move at 1.47%.
- Nikkei 225 is the weakest 5-day performer at -4.37%.
- Nasdaq Composite leads on a 1-month basis at 6.63%.
- DACH indicators average 0.96% over 5 days versus -1.71% for global equity indicators.
- Euro area AAA 10Y yield is 3.20%, moving 11.5 bp over 5 days.
- Euro area AAA 10Y-2Y spread is 50.8 bp.
- EUR/USD is 1.1618, moving -0.27% over 5 days.
- EUR/JPY has the strongest 5-day FX move at 0.31%.
Equity Markets
| Instrument | Value | 1D | 5D | 1M | YTD | As of |
|---|---|---|---|---|---|---|
| DAX | 24,307.92 EUR | +1.49% | +1.47% | -1.60% | -2.94% | 2026-05-18 |
| ATX | 5,874.59 EUR | +0.25% | +0.44% | -1.40% | +10.51% | 2026-05-18 |
| Euro Stoxx 50 | 5,849.00 EUR | +0.36% | -0.79% | -3.45% | +0.91% | 2026-05-18 |
| S&P 500 | 7,403.05 USD | -0.07% | +0.03% | +3.89% | +8.14% | 2026-05-18 |
| Nasdaq Composite | 26,090.73 USD | -0.51% | +0.01% | +6.63% | +12.26% | 2026-05-18 |
| Nikkei 225 | 60,507.51 JPY | -0.51% | -4.37% | +3.47% | +20.20% | 2026-05-19 |
| Hang Seng | 25,731.00 HKD | +0.22% | -2.49% | -1.64% | +0.39% | 2026-05-19 |
Euro Rates
| Instrument | Value | 1D | 5D | 1M | YTD | As of |
|---|---|---|---|---|---|---|
| Euro Area AAA 2Y Yield | 2.69% | +8.1 bp | +9.4 bp | +19.1 bp | +57.8 bp | 2026-05-15 |
| Euro Area AAA 5Y Yield | 2.83% | +9.5 bp | +12.5 bp | +16.6 bp | +38.9 bp | 2026-05-15 |
| Euro Area AAA 10Y Yield | 3.20% | +9.6 bp | +11.5 bp | +10.6 bp | +24.7 bp | 2026-05-15 |
| Euro Area AAA 30Y Yield | 3.61% | +6.0 bp | +8.7 bp | +7.6 bp | +12.9 bp | 2026-05-15 |
FX
| Instrument | Value | 1D | 5D | 1M | YTD | As of |
|---|---|---|---|---|---|---|
| EUR/USD | 1.1618 | -0.12% | -0.27% | -1.53% | -1.14% | 2026-05-19 |
| EUR/CHF | 0.9162 | +0.14% | +0.15% | -0.75% | -1.62% | 2026-05-19 |
| EUR/JPY | 185.2100 | +0.17% | +0.31% | -1.35% | +0.64% | 2026-05-19 |
| EUR/GBP | 0.8691 | -0.14% | -0.03% | -0.31% | -0.37% | 2026-05-19 |
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.