Global Markets

Global Markets Highlights — Aug 9, 2026 | Aivina

August 9, 2026

Global equities presented mixed results, with US indices achieving new highs while European markets remained cautious. Sticky US inflation data tempered Federal Reserve rate cut expectations, as officials maintained a hawkish stance. Meanwhile, oil prices fluctuated due to demand outlook and geopolitical tensions, impacting commodity markets. The ECB, however, strongly signaled a June rate cut, diverging from the Fed's stance.

Highlights

Macro Overview

Inflation

US CPI slightly decelerated but remains sticky above target. Eurozone HICP shows broad stability, core moderating slowly.

Interest Rate Outlook

Fed maintains data-dependency, "higher for longer" narrative. ECB strongly signals a June rate cut.

Risk Sentiment

neutral

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