⚠️ MARKETS UNDER PRESSURE: OIL ABOVE $105, S&P AT PEAKS, INVESTORS AWAIT INFLATION DATA
🌍 Global markets under pressure: oil above $105, investors move to safe assets Global financial markets are showing cautious declines and increased volatility amid the breakdown of peace talks between the US and Iran. The main negative trigger was Donald Trump's statement, calling Tehran's new proposals "absolutely unacceptable." Against this backdrop, tensions around the Strait of Hormuz persist, heightening the risks of oil supply disruptions and a new wave of global inflation.
🌍 Global markets under pressure: oil above $105, investors move to safe assets
Global financial markets are showing cautious declines and increased volatility amid the breakdown of peace talks between the US and Iran. The main negative trigger was Donald Trump's statement, calling Tehran's new proposals "absolutely unacceptable." Against this backdrop, tensions around the Strait of Hormuz persist, heightening the risks of oil supply disruptions and a new wave of global inflation.
🛢 Commodity market — oil has surged
Oil prices have surged: Brent (July futures) is trading in the range of $104.80–105.50 per barrel, WTI (June futures) — $98.90–99.20.
Gold is correcting after a recent rise: XAU/USD is trading around $4680–4695 per ounce, a decline of about 0.4–0.8% amid a strengthening dollar and rising US bond yields.
📉 🇺🇸 US — peaks behind, futures in the red
Despite historical peaks last week — S&P 500 closed at 7396.68, Nasdaq Composite — at 26,248 — today futures are trading in the red: S&P 500 futures −0.1%, Dow Jones futures −0.2%.
Investors are taking a wait-and-see position ahead of the release of US inflation data (CPI), which will be published on May 12.
🌏 Asian markets — mixed dynamics
Kospi (South Korea) rose by +4.7–5% thanks to the AI sector, with SK Hynix shares gaining 10.7%. Sensex (India) fell by more than 1000 points (−1.4%) below 76,300. Nikkei 225 decreased by 0.2–0.4%, and Nintendo shares plummeted by 5.5–7%. CSI 300 (China) rose by +0.58%.
Industrial inflation PPI in China reached 2.8% — a three-year high.
🇪🇺 Europe — opening in the red
European indices opened lower: DAX lost about 1.3%, Euro Stoxx 600 decreased by 0.4%.
💵 Currencies and crypto market
The US dollar is strengthening as a safe asset. Bitcoin is holding in the range of $80,600 – $81,500.
📅 Key events of the week
- May 12 — release of US CPI
- May 14–15 — Trump and Xi Jinping summit in China: tariffs, AI technologies, and energy crisis
- Markets enter a new week with heightened caution. Geopolitics, inflation, and expectations regarding the Fed's rates remain the main drivers of capital movement.