Market Commentary, May 2026
Positive Monthly Results in a Mixed Market Environment The global market environment remained mixed in May. Global growth forecasts were revised downward, while international stock markets managed to gain ground at the same time. A key supportive factor toward the end of the month was the drop in oil prices below the $100 mark, which noticeably eased pressure on risk assets. Nevertheless, elevated energy prices, geopolitical uncertainty, and continued expectations of restrictive interest rates remained key influencing factors. […]
