Global Markets
Global Markets Highlights — Jul 13, 2026 | Aivina
July 13, 2026
Global financial markets exhibited mixed performance. US equities demonstrated resilience, particularly in tech, even as the Federal Reserve signaled fewer rate cuts for 2024. Conversely, European markets faced downward pressure due to political uncertainty. Inflation data showed cooling in the US but stickiness in the Eurozone, influencing divergent central bank stances.
Highlights
- US equities showed resilience despite Fed's hawkish pivot.
- European markets declined amid political uncertainty.
- Bond yields diverged following US CPI and Fed meeting.
Macro Overview
Inflation
US May CPI cooled more than expected, while Eurozone inflation remained sticky, and China reported mild increases.
Interest Rate Outlook
Fed projected only one 2024 cut; ECB cut rates but offered no forward guidance; BoJ eyes bond tapering.
Risk Sentiment
neutral
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