Global Equities Weaken as Apple Warning, OpenAI Delay and Tanker Strike Hit Risk Appetite

3 articles · Updated · CaixaBank Research · Jun 29

MSCI emerging markets logged its worst week since March as global equities fell Friday, with tech leading losses and Asia underperforming amid trading disruptions in Korea.
Apple's warning on input costs, reports of a potential delay to OpenAI's IPO and a UK Navy-confirmed tanker strike in the Strait of Hormuz all damped investor risk appetite.
US Treasury yields fell across the curve, led by the front end, while euro-area yields stayed broadly stable and interbank rates edged lower after softer ECB inflation expectations data.
Oil prices still declined despite the tanker attack, volatility rose only modestly and the dollar traded broadly flat, underscoring a cautious but not disorderly market response.

Sources

With Mideast tensions high but oil prices falling, what are markets signaling about global energy security?

As AI devours memory chips, is consumer tech facing a lost decade of innovation and affordability?

Can the new Fed chair fight inflation without stifling the AI productivity boom causing it?