Market Information Monday 22 June 2026

Fed Chairman Kevin Warsh launched five task forces to overhaul monetary policy frameworks, covering communications, inflation, the Fed’s 6.7 trillion dollar balance sheet, AI and economic data. The sweeping review marks the most ambitious reform effort by any recent Fed chair, described by analysts as “regime change in a velvet glove.” BlackRock called it “a new era of monetary policy in the United States.”

SK Hynix surpassed Samsung Electronics on Monday to become South Korea’s most valuable listed company, edging ahead in market capitalisation for the first time since Samsung took the top spot in 2000. Shares rose 5.7% on the day, bringing year-to-date gains to over 340%, driven by surging demand for high-bandwidth memory chips used in AI infrastructure. The chipmaker swung from an operating loss of 7.73 trillion won in 2023 to a record profit of 23.5 trillion won in 2024.

A coalition of 112 companies with combined revenues of 1.5 trillion dollars, including Nestlé, Ikea and Uber, called on governments to make electrification a core economic priority. The group cited fossil fuel price volatility as a drag on competitiveness and supply chain stability, pointing to recent Iran-linked price spikes. Clear policy frameworks, grid investment and faster permitting were named as prerequisites for the transition to scale.

The 6M Euribor is unchanged at 2.61% compared to previous business day. The 10Y Swap increased with 6 basis points to 3.03% 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.