Market Information Tuesday 25 February 2025

Friedrich Merz, recently victorious in the German elections, is exploring the option of using the outgoing Bundestag to ease the country’s strict debt brake. Despite the potential blockage from far-right and far-left parties, Merz aims to negotiate with mainstream parties to secure investments and defense funding before the new parliament convenes. While reform is deemed crucial by some, there are concerns about the political ramifications and possible constitutional challenges.

Keir Starmer has announced a major sanctions package targeting Russia’s shadow fleet and military supply chains, aiming to pressure Moscow amid the ongoing Ukraine conflict. The UK will also broaden exclusions to restrict Kremlin-linked oligarchs and officials from entering the country, emphasizing its solidarity with Kyiv. As tensions rise, Starmer and European leaders are set to ensure sanctions and support for Ukraine remain steadfast.

Crypto companies are increasing sports sponsorships amid renewed enthusiasm following Donald Trump’s return to the White House. This revival has led to more deals despite past challenges such as the FTX collapse. While these partnerships broaden audience reach, they raise concerns about financial risks for fans, underscoring the need for due diligence.

The 6M Euribor decreased with 1 basis point to 2.45% compared to previous business day. The 10Y Swap increased with 1 basis point to 2.42% 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.