Global Markets

Global Markets Highlights — Jul 31, 2026 | Aivina

July 31, 2026

Global financial markets displayed mixed movements recently, characterized by a pullback in US tech stocks and cautious declines across European equities ahead of critical inflation data. Bond yields globally edged higher, reflecting persistent inflation concerns. Central banks are maintaining a data-dependent approach to interest rates, with the ECB potentially initiating cuts soon, while overall risk sentiment remains neutral.

Highlights

Macro Overview

Inflation

Recent data points, like Germany's preliminary CPI rise, highlight persistent inflation pressures, with critical Eurozone and US PCE figures due.

Interest Rate Outlook

Central banks globally maintain a cautious stance on rate cuts; ECB expected to lead in June, but future moves are data-dependent.

Risk Sentiment

neutral

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