Market Information Thursday 12 June 2025

In the U.S., businesses have started passing some tariff-related costs to consumers, but overall inflation remains subdued. The Consumer Price Index rose 2.4% in May, with core inflation steady at 2.8%, both below expectations. Economists expect price pressures to build later this year if tariffs stay in place.

Wall Street slipped as rising Middle East tensions overshadowed a cooler-than-expected inflation report. Investors grew cautious after news of a possible U.S. embassy evacuation in Iraq and threats from Iran. Meanwhile, hopes for Fed rate cuts and progress on U.S.-China trade talks offered some support.

Crude oil prices jumped over 4% as tensions between the U.S. and Iran escalated, with growing uncertainty over a potential nuclear deal. The U.S. began evacuating non-essential personnel from its embassy in Iraq, citing heightened security risks. Regional alerts pointed to possible military escalation, fueling concerns in global energy markets.

The 6M Euribor decreased with 1 basis point to 2.04% compared to previous business day. The 10Y Swap is unchanged at 2.55% 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.