Morning Update-06/18/2026

Research evidence excerpt

Morning Update-06/18/2026

Morning Update

18 JUN 2026

Close +/- % YTD% Rates & Currency Close +/- % YTD% Commodities Close +/- % YTD%

Dow Jones 51,493 -507 -1.0 7.1 US 10Y 4.50 0.06 1.4 33bp Brent 1M (USD/bbl) 77.9 -1.6 -2.0 48.8

S&P 500 7,420 -91 -1.2 8.4 Germany 10Y 2.93 -0.01 -0.3 7bp WTI 1M (USD/bbl) 74.2 -1.8 -2.4 42.9

NASDAQ 26,022 -355 -1.3 12.0 Norway 10Y 4.27 0.01 0.3 11bp Henry Hub 1M (USD/mmbtu) 3.15 -0.1 -2.9 -14.7

VIX 18.4 2 12.4 23.3 SOFR 3M 3.7 0.0 0.0 2bp Dutch TTF Nat Gas 1M (EUR/MWh) 40.5 -1.4 -3.3 43.9

Nikkei 225 71,145 1,242 1.8 37.3 USD 3Y Swap 4.28 0.12 3.0 67bp Nordic Electricity 1D (EUR/MWh) 65.0 0.0 0 -21.0

Shanghai SE Comp 4,093 -15 -0.4 3.1 NOK 3Y Swap 4.76 0.03 0.6 67bp UK Electricity 1M (EUR/MWh) 99.8 0.4 0.4 35.2

Hang Seng Index 23,900 -412 -1.7 -6.8 Dollar Index (DXY) 100.1 0.5 0.6 1.8 CO2 Price (EUR/t) 79.8 0.0 0.0 -8.8

FTSE 100 10,509 14 0.1 5.8 EUR/USD 1.16 -0.00 -0.2 -1.3 Gold 3M (USD/ozt) 4,334 -47.5 -1.1 -2.3

DAX 24,935 24 0.1 1.8 USD/JPY 160.3 -0.1 -0.0 2.3 Aluminium Cash (USD/t) 3,406 46.5 1.4 14.7

OSEBX 1,952 1 0.0 15.6 USD/NOK 9.51 0.04 0.4 -5.7 Copper Cash (USD/t) 13,736 54 0.4 9.9

Stockholm (OMX) 3,161 20 0.6 9.7 EUR/NOK 11.03 0.02 0.2 -6.9 Baltic Dry Index 2,670 0 0.0 42.2

Euro STOXX 50 6,300 43 0.7 8.8 GBP/NOK 12.74 0.01 0.1 -6.1 Steel Spot China (USD/st) 1,120 -2.0 -0.2 19.8

MSCI World Index 3,734 -28 -0.8 8.7 SEK/NOK 1.01 0.00 0.0 -7.5 Iron Ore China (USD/t) 101.3 -0.4 -0.4 -5.5

S&P Sectors Close % YTD% International Peers Close +/- % YTD% International Peers Close +/- % YTD%

Aerospace & Defence 2,576 1.0 8.3 Technology & other Large-Cap Renewable Power Producers & Supply Chain

Airlines 382 -1.6 12.2 Adobe 196.3 -11.0 -5.3 -43.9 Boralex 36.9 0.0 0.0 45.5