📌 Global Market Overview | Wednesday, May 20, 2026 🔹 Markets clearly rotated back into risk-on mode today as easing concerns over a potential escalation between the U.S. and Iran, combined with a sharp drop in oil prices, helped reduce inflation fears and reignited demand for equities. 🔹 Lower Treasury yields also supported growth and technology stocks. For now, markets are pricing in a more optimistic scenario—either diplomacy remains open, or any military escalation stays limited and short-lived. 🔹 NVIDIA’s strong earnings confirmed that the AI narrative remains very much alive, with record data center revenue reinforcing confidence in continued heavy investment in AI infrastructure. However, the stock’s volatile reaction was a reminder that expectations are already extremely high. 🔴🟢⚪️ Today’s Market Sentiment: 🟠 Risk-On 🌍 Top Headlines 🔹 NVIDIA beat expectations with a powerful earnings report, as data center revenue hit a fresh record and strengthened the bullish AI infrastructure narrative.$NVDA 🔹 Federal Reserve minutes carried a relatively hawkish tone, with several policymakers warning that persistent inflation could still justify further rate hikes. 🔹 UK inflation came in below expectations, but economists noted the decline was largely driven by temporary factors rather than a lasting shift. 🔹 Germany’s PPI rose again, signaling continued cost pressure across Europe, while Eurozone inflation was confirmed at 3%. 📊 Key Market Prices: 🟡 Gold ( $XAU ): 4,543.66 ⬆️ +1.37% 📈 Nasdaq (US100): 29,212 ⬆️ +1.42% 📈 S&P 500 (US500): 7,419.5 ⬆️ +0.94% 📈 Dow Jones (US30): 49,963 ⬆️ +1.26% 🛢 WTI Crude Oil (USOIL): 98.74 ⬇️ -5.08% 💵 Dollar Index (DXY): 99.142 ⬇️ -0.17% ₿ Bitcoin ( $BTC ): 77,707.33 ⬆️ +1.14% 📉 U.S. Treasury Yields: 🔹 2-Year: 4.057% ⬇️ -1.58% 🔹 5-Year: 4.244% ⬇️ -1.94% 🔹 10-Year: 4.587% ⬇️ -1.71% 🔹 30-Year: 5.122% ⬇️ -1.18% 📅 What Matters Tomorrow: 🔸key indicators for how resilient the global economy remains against energy shocks and geopolitical stress. #USTreasuryHits19YrHigh #DelayNotCeasefire #FedMeetsNVIDIAMay20