World Cup Impact: US Stocks and FX Markets Under Low-Risk Upswing

US stock markets received a short-term boost from the announcement of the 2026 FIFA World Cup being held in America. The positive sentiment contributed to USD strength and a shift toward risk-on conditions. The Nasdaq 100 opened with a 0,5% gain, though industrial sectors (Microsoft, Apple) remained cautious. In FX markets, EUR/USD rose by 0,3%. The estimated cost of the World Cup organization is $10 billion, though it is unlikely to exceed market expectations.

The short-term performance of US stocks may signal optimism that the World Cup's cost will not exceed market expectations. However, the long-term trend of risk-on conditions could persist due to increased US foreign exposure.