Market Information Tuesday 17 February 2026

Gold prices weakened as geopolitical tensions appeared to ease and the U.S. dollar strengthened. Spot gold fell 0.8% to $4,953.90 per ounce, while April U.S. gold futures declined 1.5% to $4,972.90. The dollar index rose 0.2%, making bullion less attractive for non-dollar buyers. Markets are also watching the Federal Reserve minutes for rate guidance, with investors still leaning toward a first cut by June. Silver fell 1.6% to $75.33.

Minutes from the Reserve Bank of Australia (RBA) showed policymakers see no preset path for rates after a February hike. The RBA raised the cash rate 25 basis points to 3.85%, judging inflation risks too high to leave policy unchanged, and the decision was unanimous. Inflation is targeted at 2–3%, while core inflation is seen around 3.4% and could reach 3.7% by mid-year. Unemployment was 4.1% in December, and markets price another rise to 4.10% in May.

Oil markets were cautious ahead of U.S.–Iran nuclear talks in Geneva, after Iranian naval drills near the Strait of Hormuz added to supply-risk concerns. Brent slipped 0.47% to $68.05 per barrel, while U.S. WTI rose 0.99% to $63.19. Citigroup suggested that if disruptions persist and prices stay in a $65–$70 range, the OPEC+ could raise output from April. A resolution of Iran and the Russia-Ukraine conflict could push Brent toward $60–$62.

The 6M Euribor increased with 2 basis points to 2.15% compared to previous business day. The 10Y Swap decreased with 1 basis point to 2.76% 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.