Economic news

Markets remain focused on the developments in the Middle East as central banks will be put on the spotlight this week.

Technicals turn negative in the shorter-term time frames, while in sentiment there’s a shift back to net long for CoT speculators.

Oil prices jump higher as Iran elects a new leader, dragging out the conflict as the Strait of Hormuz faces continued disruption.

Technicals weaken in the shorter-term time frame, while in sentiment CoT speculators are finally net short all four U.S. equity indices.

Intesa Sanpaolo, listed in Milan, reported €9.3bn 2025 net income and announced a €2.3bn buyback from July 2026 as the ECB kept the deposit rate at 2%. Past performance is not a reliable indicator of future results.

The US dollar has emerged as the preferred safe haven as investors retreat from risk assets amidst the rising geopolitical uncertainty.

Risk-off flows spread through markets as the escalation of attacks in the Middle East increases the risk premium.

Technical overview remains volatile on the daily time frame, while in sentiment it’s a story of heavy to extreme buy bias.

Markets digest the latest ruling on Trump's tariffs and how the administration may look for other avenues to impose higher duties.

Red in the futures market sees contained retreat continuing to test its shorter-term technicals, while in sentiment there’s been a shift to net short among CoT speculators.