Market Insights
Market Information Friday 10 July 2026
The US Commodity Futures Trading Commission (CFTC) is expected to block CME Group’s attempt to fast-track a new 24/7 West Texas Intermediate oil futures contract, citing concerns that energy markets are not prepared for round-the-clock derivatives trading. CME argues that continuous trading would help investors respond to geopolitical events and market-moving developments outside traditional trading hours.
Japan is exploring structural measures to strengthen the yen by encouraging pension funds to increase allocations to domestic assets rather than overseas investments. The announcement lifted the currency from near 40-year lows, with the yen strengthening from above ¥162 per US dollar to around ¥161.3. Markets view increased demand for yen-denominated bonds and equities as a more sustainable source of currency support than direct intervention, highlighting Japan’s efforts to address persistent capital outflows and currency weakness.
Global diesel markets face renewed supply pressures after Russia imposed an export ban, adding to disruptions linked to tensions in the Middle East and threats to shipping through the Strait of Hormuz. Tight inventories and reduced Russian refining capacity have driven diesel prices sharply higher, even as crude oil prices have fallen. Analysts warn of potential shortages in import-dependent regions, while higher diesel costs could increase transport, agricultural and industrial expenses, complicating inflation-control efforts.
The 6M Euribor increased with 3 basis points to 2.57% compared to previous business day. The 10Y Swap decreased with 3 basis points to 3.11% compared to previous business day.
In the attachment, today’s market data on money and capital market rates as well as other rates are presented.
