Market Information Wednesday 02 September 2026

Eurozone inflation accelerated to 3.3% in August from 2.9% a month earlier, driven largely by higher energy prices, while core inflation eased slightly to 2.4%. Combined with stable unemployment at 6.4%, above expectations for a decline to 6.3%, the data reinforces concerns that inflationary pressures remain persistent. Rising bond yields continued to dominate market sentiment as investors reassessed the outlook for ECB policy.

Fresh U.S. strikes on Iranian military infrastructure and Tehran’s retaliation against Jordan have heightened tensions around the Strait of Hormuz. Oil prices surged, with Brent rising 4.5% to $94.52 a barrel and WTI gaining 5% to $90.03, their highest levels since late July. Markets are increasingly focused on the risk of further disruption to regional energy supplies and shipping routes.

Australia’s economy grew 2.1% year on year in the second quarter, beating forecasts of 1.8%, while quarterly growth of 0.4% was supported by consumer demand and mining exports. The stronger than expected GDP data, together with July inflation of 3.5%, strengthens the case for further Reserve Bank of Australia policy tightening. Household spending remained subdued as elevated fuel prices weighed on consumption and travel activity.

The 6M Euribor increased with 1 basis point to 2.77% compared to previous business day. The 10Y Swap increased with 5 basis points to 3.40% 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.