Market Information Tuesday 18 November 2025

The US dollar strengthened against the euro and yen as traders awaited a backlog of US economic data following the end of the government shutdown. The dollar index moved to around 99.6, with the euro slipping to about 1.16 and the yen weakening at 155 per dollar. Expectations for a Federal Reserve rate cut in December fell to below 40 percent.

The cryptocurrency market has lost about 1.2 trillion dollars in value over six weeks as investors retreat from speculative assets. Total market capitalisation of more than 18,000 tokens tracked is down 25 percent, while Bitcoin has fallen over 28 percent to around 89,500 dollars, leaving performance flat for 2025. Concerns about high artificial intelligence stock valuations, reduced Federal Reserve rate cut hopes and heavy use of leverage have amplified the sell off.

India agreed its first large liquefied petroleum gas (LPG) purchase deal with the United States, committing to import 2.2 million tonnes from the US, about 10 percent of its annual LPG needs. Washington previously supplied only 0.5 percent of India’s LPG. New Delhi hopes the politically symbolic agreement will ease tensions over high US tariffs, even though cheaper Gulf suppliers mean the deal offers limited immediate economic benefit.

The 6M Euribor decreased with 1 basis point to 2.14% compared to previous business day. The 10Y Swap is unchanged at 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.