Market Information Monday 8 December 2025

Euro zone inflation has fallen from a 10.6% peak end of 2022 to the ECB’s 2% target, and policymaker Olli Rehn says it is likely to remain slightly below that level, though medium-term risks are tilted downward. Rehn urged EU leaders to unlock a stalled plan to use frozen Russian assets to support Ukraine and rejected any ECB involvement on legal grounds. He also indicated he would be a strong contender for the ECB vice-presidency next year.

U.S. consumer credit rose by $9.2 billion in October, a slower increase than the previous month, according to the Federal Reserve. September’s initially reported $13.1 billion rise was revised down to $11.0 billion.

Britain’s housing market cooled in November, with Halifax reporting flat monthly prices and annual growth slowing to 0.7%, the weakest pace since March 2024. The slowdown reflects strong price growth a year earlier, as buyers grew cautious ahead of the government’s budget. Despite this, affordability has improved, and Halifax expects gradual price growth next year, supported by steady demand and anticipated interest rate cuts.

The 6M Euribor increased with 2 basis points to 2.13% compared to previous business day. The 10Y Swap increased with 4 basis points to 2.84% 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.