Market Information Tuesday 16 June 2026

The US-Iran treaty eased global markets. However, some Republican hawks called the deal a capitulation, while Vice President JD Vance defended it. The strait is not set to fully reopen until Friday, with normal traffic unlikely before 2027. Roughly 70% of Americans disapprove of Trump’s handling of cost-of-living issues. Tehran and Washington have 60 days to negotiate a comprehensive agreement.

The Bank of Japan (BOJ) raised its policy rate to 1% from 0.75% on Tuesday, a 31-year high, citing inflation risks from the Middle East energy shock. The decision passed 7-1, with Governor Kazuo Ueda absent. The Nikkei 225 hit a record above 70,000, while the yen rose 0.1% to 160.215 against the dollar. The BOJ will pause its bond taper from April, continuing to buy 2 trillion yen monthly. Wholesale inflation reached a 3-year high of 6.3% in May.

Spot gold rose 0.4% to $4,322.99 per ounce on Tuesday, extending gains for a fourth session after jumping 3.6% Monday, as a preliminary U.S.-Iran peace agreement eased rate hike concerns. U.S. gold futures fell 0.2% to $4,343.50. Traders trimmed December rate hike bets to 57% from about 70% last week. Markets await the Federal Reserve’s decision Wednesday, the first under Chair Kevin Warsh.

The 6M Euribor increased with 2 basis points to 2.64% compared to previous business day. The 10Y Swap decreased with 3 basis points to 3.01% 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.