Market Information Friday 14 November 2025

On Thursday, major Wall Street indices fell in anticipation of new economic data post the longest government shutdown. This left traders and the Federal Reserve reliant on private data sources, with gaps for October likely persisting in key reports such as employment and CPI. Uncertainty remains over detailed signals of inflation and job market status. Technology and AI stocks faced pressure, prompting investors to shift focus towards defensive sectors like healthcare. Various Fed speakers expressed skepticism over a December interest rate cut, maintaining market volatility.

On Thursday, London’s FTSE 100 fell by 0.6% following record highs, predominantly due to declines in financial and energy stocks amid disappointing third-quarter economic growth data. The FTSE 250 dropped 0.3%. The energy sector faced pressure from oversupply concerns. The UK’s minimal third-quarter growth led to expectations of an interest rate cut by the Bank of England in December.

In September, eurozone industrial production rose just 0.2%, falling short of economists’ expectations for a 0.7% increase. The modest rise was contrasted by significant monthly growth in major economies like Germany (1.9%) and Italy (2.8%), alongside strong performances from France and Spain. However, Ireland saw a substantial 9.4% monthly decline in output, largely due to volatility from large foreign companies based there for tax reasons. This fluctuation, exacerbated by U.S. tariffs, often distorts euro zone data, leading some economists to exclude Ireland from their analyses.

The 6M Euribor increased with 1 basis point to 2.14% compared to previous business day. The 10Y Swap increased with 5 basis points to 2.72% 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.