Report by Singular Bank European stock markets managed to stabilise with minor declines despite the latest episode of tension between the US and Iran and the rise in Brent crude above $79. The session was one of recalibration, not panic: the energy sector provided support, whilst the technology sector once again bore the brunt of selling. The IBEX 35 fell by 0.3%. In Europe, the Euro Stoxx 50 remains stable….

Report by Singular Bank European stock markets closed slightly lower on Friday following a turbulent week in the markets due to tensions in the Middle East. During the session, the Ibex 35 rose by 0.3%, whilst the Euro Stoxx 50 fell by 0.2%. At sector level, the banking and telecommunications sectors stood out, the latter driven by Vodafone, which rose by more than 12%, recouping losses from recent weeks. Technology…

Report by Singular Bank European stock markets recouped some of their losses after Brent prices stabilised. The move does not eliminate the geopolitical premium, but it did reduce the risk of an immediate escalation in energy prices and allowed risk assets to rebound. The Ibex 35 rose by around 1.1% and regained the 19,300-point mark, in line with the Euro Stoxx 50, which also rose by nearly 1.3%. In the…

Reported by Singular Bank European stock markets have taken a sharp downturn after Donald Trump declared an end to the ceasefire with Iran. This development has brought back a risk premium to the market that had eased in recent sessions: the Ibex 35 fell by around 2.7 per cent, the Euro Stoxx 50 lost around 1.8 per cent and Wall Street also opened lower, albeit with more moderate declines. The…