Weekly Market Summary
- Edition
- 4 May 2026
- Closing of
- Fri 01 May
Major Indexes Performance
| Index | Closing Price | Weekly Change | Change as a bar | 2026 editions |
|---|---|---|---|---|
| S&P 500 | 7,230.12 | 0.29% | ||
| Dow Jones | 49,499.27 | -0.31% | ||
| Nasdaq | 25,114.44 | 0.89% | ||
| Euro Stoxx 50 | Not available | Not available | ||
| FTSE 100 | 10,363.93 | -0.14% | ||
| Shanghai | Not available | Not available | ||
| MOEX Russia | Not available | Not available |
Major Commodities Performance
| Commodity | Closing Price | Weekly Change | Change as a bar | 2026 editions |
|---|---|---|---|---|
| Gold | 4,644.50 | 0.32% | ||
| Silver | 76.43 | 3.25% | ||
| Brent Oil | 108.17 | -5.12% |
Economic indicators
- Unemployment rate U.S
- 4.3%
- Core CPI U.S
- 325.01 - YoY
- PPI U.S
- 149.16 - YoY
- Eurozone CPI Data (Consumer Inflation)
- 129.43
- UK CPI Data (Consumer Inflation)
- 139.3
- European Central Bank / Interest rates
- 2.15%
Article summaries
ECB Holds Rates Amid Geopolitical Shock
Sourcereuters.com (opens in a new tab)The European Central Bank has chosen to keep interest rates unchanged while signaling growing concern about geopolitical instability specifically the ongoing conflict involving Iran. The disruption of energy supply routes, particularly through the Strait of Hormuz, is driving up fuel prices and pushing inflation higher across the eurozone.
While inflation expectations remain anchored in the long term, short-term pressures are intensifying, creating a difficult policy balancing act. Markets are already pricing in potential rate hikes over the coming year, reflecting fears that inflation could persist even as economic growth slows.
IMF Warns of Rising Fiscal Risks from Energy Crisis
Sourcereuters.com (opens in a new tab)The International Monetary Fund is cautioning governments against broad energy subsidies despite rising oil prices caused by geopolitical conflict. Instead, it recommends targeted financial support to households to avoid distorting market signals.
The IMF highlights that elevated energy costs are worsening global debt levels and increasing government interest burdens, raising the risk of fiscal instability. If energy prices remain high, the global economy could edge closer to recession, especially as many countries already face historically high debt levels and tighter financial conditions.
Global Economy Slows Under “Shadow of War”
Sourceimf.org (opens in a new tab)The IMF’s latest global outlook suggests that geopolitical tensions particularly conflict in the Middle East are undermining economic momentum worldwide. Rising commodity prices, tighter financial conditions, and declining confidence are expected to slow global growth to just over 3% in 2026, below historical averages.
Inflation is projected to rise in the short term due to energy shocks before stabilizing later. Emerging markets are especially vulnerable, as currency volatility and capital outflows intensify under uncertain global conditions.
Across all three pieces, a clear theme emerges:
Geopolitics is no longer a background risk it is actively driving financial markets, fiscal policy, and corporate strategy in real time.
Reference list
- 1https://www.reuters.com/business/finance/ecb-keeps-rates-hold-warns-about-iran-war-hit-2026-04-30 (opens in a new tab)
- 2https://www.reuters.com/business/energy/imf-cautions-countries-against-broad-fuel-subsidies-deal-with-war-driven-energy-2026-04-15 (opens in a new tab)
- 3https://www.imf.org/en/publications/weo/issues/2026/04/14/world-economic-outlook-april-2026 (opens in a new tab)
Data sources
Risk Warning
Luna Wealth Asset Management Ltd is a Cyprus Investment Firm authorised and regulated by the Cyprus Securities and Exchange Commission (CySEC).
Investing in financial instruments involves risks, including the potential loss of some or all of the capital invested. The value of investments and any income derived from them may fluctuate, and investors may receive less than their original investment.
Past performance is not a reliable indicator of future results. Any forecasts, projections or estimates are illustrative and do not constitute a guarantee of future performance.
Investments may be exposed to market risk, credit risk, liquidity risk, currency risk, interest rate risk, counterparty risk and operational risk. Certain financial instruments, including derivatives, structured products, private equity investments and other complex or illiquid instruments, may involve additional risks and may not be suitable for all investors.
Where leverage is involved, losses may exceed the initial amount invested, depending on the nature and terms of the financial instrument.
The Company does not guarantee investment returns or the preservation of invested capital. Investment decisions should be made with due consideration of the investor’s financial circumstances, investment objectives, knowledge, experience and risk tolerance.
Before investing, clients should carefully review the relevant contractual documentation, financial instrument disclosures and applicable risk information.
Investors should not invest funds that they cannot afford to lose.