Rise in European stock markets, drop in oil and bonds, a rally in gold and 15-year highs on the Athens Stock Exchange following the U.S.–Iran agreement.
The international markets are entering a phase of intense risk repricing, as the sudden de-escalation of tensions in the Middle East is radically altering expectations regarding the course of energy and monetary policy. The U.S.–Iran agreement is acting as a catalyst for large-scale capital flows, leading to a sharp rise in European stocks, a simultaneous drop in government bond yields and a sharp decline in oil and natural gas prices, while at the same time precious metals such as gold are strengthening, reflecting the mixed and still fragile nature of the investment climate.
According to Ertnews.gr, upward trends are being seen today, Monday (6/15/26), , following the agreement between the U.S. and Iran to end the conflict in the Middle East, a development that improves the investment climate.
The resumption
The resumption of oil and liquefied natural gas exports from the Persian Gulf is expected to increase supply, easing concerns about supply adequacy. European Central Bank President Christine Lagarde described the agreement between the United States and Iran as “good news.”
“We can only be satisfied if this agreement is accompanied by the opening and demining of the Strait of Hormuz,” Ms. Lagarde told a French television station, noting, however, that this must be verified by developments in the coming days.
STOCK MARKETS
On the Frankfurt Stock Exchange, the DAX30 is up 1.65%; in Paris, the CAC 40 index is up 1.09%; in Madrid, the main index is up 1.58%, and Milan is up 0.90%, while on the London Stock Exchange, the FTSE 100 is showing a marginal gain of 0.03%.
On the Athens Stock Exchange, with trading volume exceeding 350 million euros, the General Price Index is trading above 2,450 points, hitting a new 15-year high.
BONDS
Eurozone government bond yields are trending downward today.
The yield on the 10-year German bond, the eurozone benchmark, is down 4 basis points to 2.95%. Meanwhile, the yield on the 10-year French bond has fallen by 5 basis points to 3.69%. Meanwhile, the yield on the 10-year Italian bond has fallen by 6 basis points to 3.66%, the yield on the corresponding Spanish bond has fallen by 5 basis points to 3.37%, and the Portuguese yield stands at 3.30%, down 5 basis points, while the yield on the 10-year Greek bond has fallen by 6 basis points to 3.61%.
COMMODITIES – CURRENCY
International oil prices are showing strong downward trends so far today.U.S. crude is down sharply by 5.22%, at $80.45 per barrel, while Brent, with a corresponding drop of 4.97%, stands at $83.04.
Meanwhile, European natural gas prices are falling by more than 5%, to around 44 euros per megawatt-hour.
In the foreign exchange market, the dollar is losing ground against the euro and the British pound, while remaining nearly unchanged against the yen. Its exchange rate against the euro stands at 1.1617 USD/EUR, while against the yen it is at 160.09 JPY/USD.
Gold is showing significant upward trends, with August delivery contracts trading at $4,380.70 per ounce. At the same time, silver is posting strong gains and has surpassed $71 per ounce.
