Asian and European equity markets also rallied, though liquidity was thin due to the U.S. market being closed for Memorial Day.
30‑year U.S. Treasury bond futures rose by one full point; the 30‑year yield had previously peaked at its highest level since 2007.
Listed Companies and Sectors
Delivery Hero shares jumped 9.7% to €36.85, their highest level in 18 months, valuing the company at €11.2 bn ($13.04 bn).
The rally followed a Financial Times report that Uber may increase its bid after a major shareholder rejected an earlier €38‑per‑share offer; some shareholders are seeking >€40 per share.
Oil & Gas/Energy: Brent crude futures fell 4.7% to $95.54 per barrel, breaking below the $100 threshold after reports of a U.S.–Iran peace framework.
Precious Metals: Spot gold rose 1.0% to $4,555.21 per ounce; the dollar index slipped 0.2% to 99.02, reflecting the interplay between higher‑for‑longer rate expectations and safe‑haven demand.
Investment Flows
The article does not cite specific foreign investment flows, but the decline in oil prices and the prospect of reduced geopolitical risk may ease pressure on capital inflows to energy‑intensive economies.
Interest Rates, Inflation, and Liquidity
Analysts anticipate that central banks in both developed and emerging markets may raise rates in response to lingering energy‑price‑driven inflation.
The U.S. Federal Reserve is now expected to increase its policy rate by 25 basis points in January 2027, a shift from earlier expectations of rate cuts.
Fiscal or Monetary Policy
No direct fiscal measures are mentioned; the focus is on monetary‑policy expectations (Fed rate hike) driven by inflation concerns linked to energy prices.
