{"id":437229,"date":"2026-08-31T19:40:07","date_gmt":"2026-08-31T12:40:07","guid":{"rendered":"https:\/\/www.swingfish.trade\/blog\/market-news\/investinglive-european-markets-wrap-oil-holds-higher-regional-yields-push-up-437229\/"},"modified":"2026-08-31T19:40:07","modified_gmt":"2026-08-31T12:40:07","slug":"investinglive-european-markets-wrap-oil-holds-higher-regional-yields-push-up","status":"publish","type":"post","link":"https:\/\/www.swingfish.trade\/blog\/market-news\/investinglive-european-markets-wrap-oil-holds-higher-regional-yields-push-up-437229\/","title":{"rendered":"investingLive European markets wrap: Oil holds higher, regional yields push up"},"content":{"rendered":"<div>\n<p>Headlines:<\/p>\n<ul>\n<li><a href=\"https:\/\/investinglive.com\/commodities\/oil-prices-jump-as-us-and-iran-exchange-strikes-prolonged-stalemate-keeps-the-downside-limited\" rel=\"follow\">Oil prices jump as US and Iran exchange strikes; prolonged stalemate keeps the downside limited<\/a><\/li>\n<li><a href=\"https:\/\/investinglive.com\/news\/iran-says-us-must-bear-full-responsibility-for-consequences-of-escalation\" rel=\"follow\">Iran says US must bear full responsibility for consequences of escalation<\/a><\/li>\n<li><a href=\"https:\/\/investinglive.com\/news\/irgc-claims-that-a-supertanker-has-caught-fire-after-being-struck-by-naval-mines-in-strait-of-hormuz\" rel=\"follow\">IRGC claims that a supertanker has caught fire after being struck by naval mines in Strait of Hormuz<\/a><\/li>\n<li><a href=\"https:\/\/investinglive.com\/stocks\/us-futures-keep-lower-to-start-the-new-week\" rel=\"follow\">US futures keep lower to start the new week<\/a><\/li>\n<li><a href=\"https:\/\/investinglive.com\/commodities\/this-gold-analysis-may-be-showing-new-gold-buyers-coming-in-today\" rel=\"follow\">This gold analysis may be showing new gold buyers coming in today<\/a><\/li>\n<li><a href=\"https:\/\/investinglive.com\/technical-analysis\/gold-erases-most-of-the-treasury-led-gains-as-fed-chair-warsh-retightens-financial-conditions\" rel=\"follow\">Gold erases most of the Treasury-led gains as Fed Chair Warsh retightens financial conditions<\/a><\/li>\n<li><a href=\"https:\/\/investinglive.com\/news\/german-states-see-higher-inflation-prints-in-august\" rel=\"follow\">German states see higher inflation prints in August<\/a><\/li>\n<li><a href=\"https:\/\/investinglive.com\/orders\/heads-up-month-end-flows-might-factor-into-play-in-the-day-ahead\" rel=\"follow\">Heads up: Month-end flows might factor into play in the day ahead<\/a><\/li>\n<\/ul>\n<p>Markets:<\/p>\n<ul>\n<li>WTI crude oil up 3.7% to $86.50<\/li>\n<li>JPY leads, USD lags on the day<\/li>\n<li>Gold up 0.1% to $4,457<\/li>\n<li>European indices mixed; S&amp;P 500 futures -0.2%<\/li>\n<li>US 10-year yields flat at 4.724%<\/li>\n<li>Germany 10-year yields up 2 bps to 3.31%, highest since 2011<\/li>\n<\/ul>\n<p style=\"text-align: justify\" class=\"text-align-justify\">It was a slower session in terms of headlines as markets continue to make do with Fed chair Warsh&#8217;s hawkish twist on Friday last week.<\/p>\n<p style=\"text-align: justify\" class=\"text-align-justify\">Month-end might be making for some caution as there wasn&#8217;t too much in it in terms of market moves, so far today at least.<\/p>\n<p style=\"text-align: justify\" class=\"text-align-justify\">Oil prices continue to hold higher after the US and Iran exchanged military strikes through the weekend. Tensions remain high and it&#8217;s another signal that both sides are nowhere near meeting in the middle just yet. WTI crude is up 3.7% to $86.50 with Brent crude crossing over $91 on the day.<\/p>\n<p style=\"text-align: justify\" class=\"text-align-justify\">In terms of data, we did get inflation numbers from key German states and they were hotter in August than in July. That fits with expectations though of a slightly stronger print for the national reading later. Nonetheless, it doesn&#8217;t change much of the picture for the ECB going into September but at least reaffirms the pathway.<\/p>\n<p style=\"text-align: justify\" class=\"text-align-justify\">Looking to major currencies, the dollar is a touch softer today with EUR\/USD up 0.1% to 1.1600 with large option expiries in play. USD\/JPY is down 0.2% to 159.67 while USD\/CAD is also down 0.1% to 1.3885.<\/p>\n<p style=\"text-align: justify\" class=\"text-align-justify\">Elsewhere, gold is little changed and sticking around $4,457 after the Friday drop with Treasuries also not up to much. 10-year yields in the US are flat at 4.724% but we are seeing yields in Europe push up further. 10-year yields in Germany are up nearly 2 bps to 3.31%, the highest since 2011, while 10-year yields in France are up to 4.15% &#8211; the highest since 2008.<\/p>\n<p style=\"text-align: justify\" class=\"text-align-justify\">With European bond markets responding as such, the pressure will start to build for the ECB as traders are starting to ping a signal on the rates\/inflation outlook.<\/p>\n<p style=\"text-align: justify\" class=\"text-align-justify\">\n<p>                            This article was written by Justin Low at investinglive.com.<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Headlines: Oil prices jump as US and Iran exchange strikes; prolonged stalemate keeps the downside limited Iran says US must bear full responsibility for consequences of escalation IRGC claims that a supertanker&hellip;<\/p>\n","protected":false},"author":216,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[86],"tags":[],"class_list":["post-437229","post","type-post","status-publish","format-standard","hentry","category-market-news"],"_links":{"self":[{"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/posts\/437229","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/users\/216"}],"replies":[{"embeddable":true,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/comments?post=437229"}],"version-history":[{"count":0,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/posts\/437229\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/media?parent=437229"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/categories?post=437229"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/tags?post=437229"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}