Financial markets face a week of high caution, pressured by the escalation of oil and natural gas prices, while investors await US inflation data (Friday) and the ECB decision (Thursday, with a 25 basis point rise expected). Wall Street closed in negative territory, with the S&P 500 falling 0.58% and the Dow Jones 1.18%, affected by the rise in Treasury yields and the energy rally. In Europe, the main indices closed stable, with the ECB prepared to raise the deposit rate to 2.5%. Brent crude approached $100 per barrel due to geopolitical tensions in the Middle East (Houthi attacks and Iranian threats), and natural gas at TTF reached its highest level since January 2023, reinforcing inflation fears. Computing and chip companies, such as Qualcomm with an AWS partnership, offered selective support. In geopolitics, Trump appealed to Putin for a quick end to the war in Ukraine, while Israel closed the British consulate in Jerusalem in retaliation for Western sanctions on settlements in the West Bank.
Jornal Económico09/09/26, 07:00
