Market Information Thursday 22 May 2025

The EU has launched a strategy to strengthen its single market amid rising global tensions and a looming trade dispute with the US. The plan aims to cut barriers, boost investment, and support small businesses across key sectors. The Commission targets €400 million in annual savings through streamlined regulations.

U.S. stocks fell sharply, with the Dow dropping nearly 2% in their worst day in a month. A weak 20-year Treasury auction pushed yields higher, spooking investors. Rising interest rates raised concerns about economic strain and the potential impact of proposed tax cuts.

The ECB warns that despite the rapid recovery in equity markets, financial stability remains under pressure from high valuations and ongoing uncertainty about U.S. trade policy. Equity markets are vulnerable to abrupt price declines, partly because of risk concentrations in U.S. and tech stocks. Rising sovereign debt and potential weaknesses in non-banks also pose risks to the euro area.

The 6M Euribor decreased with 4 basis points to 2.12% compared to previous business day. The 10Y Swap increased with 6 basis points to 2.60% 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.