Market Information Tuesday 23 December 2025

Oil prices closed higher as markets repriced near term supply risk after the U.S. Coast Guard attempted to intercept a tanker near Venezuela and reports said Ukrainian drones damaged two vessels and piers in Russia’s Black Sea region. Brent settled at $62.07 a barrel, up $1.60, while U.S. West Texas Intermediate ended at $58.01, up $1.49. Analysts noted Venezuelan crude is about 1% of global supply and the Black Sea is key for Russian exports.

The Japanese yen strengthened as officials warned against one sided and sharp currency moves, signalling readiness for foreign exchange intervention. In afternoon trade the dollar fell 0.5% to 156.94 yen, after touching 156.71. The dollar index slipped 0.4% to 98.3, while the euro rose to $1.1753 and sterling to $1.3458. The euro briefly hit 184.92 yen and the Swiss franc 198.4 yen. The move followed the Bank of Japan rate rise to 0.75%.

Democratic attorneys general from 21 states and the District of Columbia filed suit in federal court in Oregon to block the Trump administration from defunding the Consumer Financial Protection Bureau (CFPB) by not requesting money from the Federal Reserve. They argue the decision is unlawful and violates the U.S. Constitution’s separation of powers. The CFPB has said its funds could run out in early 2026, after the administration cited Federal Reserve losses since 2022.

The 6M Euribor is unchanged at 2.13% compared to previous business day. The 10Y Swap is unchanged at 2.96% 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.