
Global stocks pulled lower as rising oil prices and renewed tensions in the Middle East revived inflation concerns, interrupting a rally that had pushed equities close to record highs. The MSCI All Country World Index fell 0.2%, while Brent crude climbed 2% above $102 a barrel. Higher energy prices put renewed pressure on government bonds, with the US 10-year Treasury yield rising 2 basis points to 5.31%, near levels last seen in 2002. Oil gained after reports that the White House had asked the Pentagon to prepare potential strike options against Iran, adding to uncertainty across the Persian Gulf. Regional tensions also intensified after Iran-backed Houthi forces struck two airports in Saudi Arabia, while clashes in Yemen continued. At the same time, supertanker rates reached fresh highs, increasing costs across the global petroleum supply chain. The inflation outlook is becoming more complicated following last month’s unanimous Federal Reserve rate hike. Investors are now turning their attention to the upcoming earnings season, looking for evidence that heavy AI investment can translate into stronger corporate returns despite elevated borrowing and energy costs. In Europe, the Euro remained broadly steady against the Dollar as concerns over France’s fiscal position increased. Growing pressure in French bond markets is raising fears of wider Euro-area debt risks and could put the European Central Bank in a more difficult position. FISG Daily Market Wrap provides a concise view of the forces moving global markets, helping investors stay informed and better prepared for what comes next. FISG — Interstellar Group

The website www.fisg.com is operated by Interstellar Financial Group Limited, a limited liability company incorporated under the laws of Saint Vincent and the Grenadines (Registration No.22770 BC 2015), with its registered office at Euro House, Richmond Hill Road, Kingstown, Saint Vincent and the Grenadines. FISG does not offer CFDs to residents of certain jurisdictions, including the United States, Iran, Canada, European Union and China. Interstellar Financial Group Limited does not direct its website and services to any individual in any country where the use of its website and services is prohibited by local laws or regulations. Users are responsible for ensuring that their use of this website and its services complies with local laws and regulations.

Cyprus
THE FIRST INTERSTELLAR CAPITAL LIMITED
Authorised and regulated by the Cyprus Securities and Exchange Commission (CySEC)
Licence No. 166/12

Seychelles
FIRST INTERSTELLAR GLOBAL LTD
Authorised and regulated by the Financial Services Authority (FSA) of Seychelles
Licence No. SD127

South Africa
INTERSTELLAR CAPITAL (PTY) LTD
Licensed and regulated by the Financial Sector Conduct Authority (FSCA) as an authorised Financial Services Provider
FSP No. 52343
Forex and CFD trading involve a significant risk to your invested capital. Please read and ensure you fully understand our Risk Disclosure. Trading foreign exchange and leveraged financial products carries a high level of risk and may result in the loss of your invested capital. You should not risk more than you can afford to lose and ensure that you fully understand the risks involved. Leveraged products are not suitable for all investors. Trading unleveraged products such as shares also involves risk, as share prices can go down as well as up, meaning you may get back less than the amount you originally invested. Past performance is no guarantee of future results. Before trading, please consider your level of experience and investment objectives, and seek independent financial advice if necessary. It is the customer's responsibility to ensure that the laws and regulations of their country of residence permit them to use the services provided by Interstellar Financial Group Limited.
Copyright © 2026 FISG. All rights reserved.