Market Snapshot, Monday, 06 July 2026

📈 Europe

• The Stoxx 600 surged to an intraday record of 652.35, closing 0.7% higher.
• It marked the biggest weekly gain in over a month, driven by cyclical stocks and softer expectations for imminent U.S. rate hikes.
• Germany’s DAX also hit an all‑time high, finishing 0.8% higher.

🌏 Asia-Pacific

• Markets traded mixed as investors reassessed AI‑linked plays ahead of the Fed’s June meeting minutes.
• Tencent climbed 3.76% in Hong Kong.
• Oil eased after OPEC+ agreed to raise output from August and exports via the Strait of Hormuz resumed.
  • Brent crude: down 0.32% to $71.89/barrel.
• Gold slipped 0.45% to $4158.
• USD/ZAR steady at 16.25.

🇺🇸 United States

• Markets were closed Friday for Independence Day.
• U.S. and European futures are currently little changed, signalling a cautious start to the week.