Morning Update-07/08/2026

Research evidence excerpt

Morning Update-07/08/2026

Morning Update

8 JUL 2026

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

Dow Jones 52 925 -131 -0.2 10.1 US 10Y 4.54 0.08 1.7 38bp Brent 1M (USD/bbl) 76.1 1.9 2.6 46.3

S&P 500 7 504 -34 -0.4 9.6 Germany 10Y 2.98 0.04 1.4 13bp WTI 1M (USD/bbl) 72.3 1.8 2.6 39.1

NASDAQ 25 819 -302 -1.2 11.1 Norway 10Y 4.30 0.04 0.9 15bp Henry Hub 1M (USD/mmbtu) 3.27 0.0 0.6 -11.4

VIX 16.1 1 3.6 7.9 SOFR 3M 374.0 -2.0 -0.0 8bp Dutch TTF Nat Gas 1M (EUR/MWh) 48.5 1.7 3.6 72.2

Nikkei 225 67 855 -402 0.6 30.9 USD 3Y Swap 4.27 0.08 1.9 66bp Nordic Electricity 1D (EUR/MWh) 65.0 0.0 0 -21.0

Shanghai SE Comp 4 011 21 0.5 1.1 NOK 3Y Swap 4.79 0.03 0.7 70bp UK Electricity 1M (EUR/MWh) 110.8 6.1 5.9 50.0

Hang Seng Index 24 057 560 2.4 -6.1 Dollar Index (DXY) 101.0 0.2 0.2 2.7 CO2 Price (EUR/t) 80.3 0.1 0.2 -8.1

FTSE 100 10 666 14 0.1 7.4 EUR/USD 1.14 0.00 0.1 -2.6 Gold 3M (USD/ozt) 4 137 -20.2 -0.5 -6.7

DAX 25 465 -353 -1.4 4.0 USD/JPY 161.9 -0.4 -0.3 3.3 Aluminium Cash (USD/t) 3 119 14.0 0.5 5.1

OSEBX 1 946 8 0.4 15.3 USD/NOK 9.80 -0.04 -0.4 -2.9 Copper Cash (USD/t) 13 309 -1 -0.0 6.4

Stockholm (OMX) 3 205 -30 -0.9 11.2 EUR/NOK 11.20 -0.03 -0.3 -5.5 Baltic Dry Index 2 875 78 2.8 53.2

Euro STOXX 50 6 320 -78 -1.2 9.1 GBP/NOK 13.11 -0.03 -0.2 -3.4 Steel Spot China (USD/st) 1 155 0.0 0.0 23.5

MSCI World Index 3 775 -19 -0.5 9.9 SEK/NOK 1.01 -0.01 -0.5 -7.4 Iron Ore China (USD/t) 98.0 -0.3 -0.3 -8.5

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

Aerospace & Defence 2 657 -1.2 11.7 Technology & other Large-Cap Renewable Power Producers & Supply Chain

Airlines 414 -3.2 21.6 Adobe 221.5 3.5 1.6 -36.7 Boralex 37.0 0.0 0.0 46.1