Market Information Tuesday 10 March 2026

China’s trade surplus for the combined January-February period surged to a record $213.62 billion, well above expectations of $179.6 billion, reflecting strong export growth despite trade tensions with the U.S. Exports rose 21.8% year on year, far exceeding the 7.1% forecast, while imports increased 19.8%. Trade with the EU and ASEAN grew by 19.9% and 20.3% respectively, though trade with the U.S. fell 16.9%. The data underscores China’s economic resilience amid moderate inflation and ongoing tariff pressures.

Oil prices fell back to $88.69 per barrel of Brent after US President Donald Trump said the war with Iran was nearly over. Earlier, Brent crude had surged nearly 30% amid escalating tensions and fears of supply disruptions in the Middle East. Concerns centred on the Strait of Hormuz, which normally handles around 20 million barrels per day of oil flows. Meanwhile, G7 countries discussed a possible coordinated release of strategic oil reserves to stabilize markets.

Gold prices rose on Tuesday, supported by a weaker US dollar and falling oil prices after President Donald Trump suggested the Middle East war could end soon. Spot gold increased 0.5% to $5,161.54 per ounce, while US gold futures rose 1.3% to $5,171.10. The US dollar fell 0.3%. Markets now await US Consumer Price Index (CPI) and Personal Consumption Expenditures (PCE) data later this week.

The 6M Euribor is unchanged at 2.14% compared to previous business day. The 10Y Swap increased with 2 basis points to 2.90% 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.