Market Information Tuesday 14 April 2026

Asia-Pacific markets opened mostly higher on Tuesday, buoyed by hopes of a diplomatic resolution between the United States and Iran. The US began blocking ships in the Strait of Hormuz to pressure Iran into reopening the key oil route, after peace talks collapsed. West Texas Intermediate fell 2.02% to $97.08 per barrel and Brent crude declined 1.33% to $98.04. South Korea’s Kospi led regional gains, rising 3.41%, while India’s Nifty 50 was the main laggard, falling 0.86%.

Hungary’s main stock index, the Budapest Stock Exchange (BUX), surged over 3% to a record high of 136,000 points after Péter Magyar’s Tisza party won a supermajority in parliamentary elections, ending 16 years of Viktor Orbán’s rule. Markets welcomed prospects of democratic reforms, the potential release of €17 billion in frozen European Union funds, and the removal of sector-specific windfall taxes. Morgan Stanley estimates the shift could lift Hungary’s gross domestic product (GDP) growth by 1 to 1.5% in coming years.

China’s export growth slowed to a six-month low in March, rising just 2.5% year on year, well below analyst forecasts of 8.6%, as the Middle East conflict dampened global demand. Imports surged 27.8%, the strongest growth since November 2021. The trade surplus narrowed to $264.3 billion year to date, down 3% compared to the same period last year. Exports to the United States fell 26.5%, while rising energy and commodity costs are beginning to pressure manufacturers’ margins.

The 6M Euribor increased with 2 basis points to 2.45% compared to previous business day. The 10Y Swap increased with 2 basis points to 3.11% 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.