Market Information Wednesday 10 June 2026

Active strategies are gaining traction in ETFs, with around 80% of new launches and 36% of $866bn inflows directed to active funds.
Higher demand is pushing up costs, with average fees around 0.44% versus 0.14% for passive funds and new launches averaging 0.71%.
Elevated fees can materially erode long term returns, with investor outcomes significantly lower as costs rise.

Oil prices fell as rising shipments through the Strait of Hormuz eased supply concerns, despite ongoing geopolitical tensions. U.S. crude dropped 3.4% to $88.20.
Prices remain supported after a 30% surge since February, though inventories are cushioning the current disruption.

The Federal Reserve is expected to hold rates at 3.50% to 3.75% through 2026, with nearly 70% of economists backing a pause. Inflation near 4.2% and persistent at almost double the target is eroding expectations for rate cuts, with markets even pricing potential hikes. Steady growth around 2% and unemployment near 4.3% reinforce a cautious policy stance amid ongoing supply shocks.

The 6M Euribor increased with 1 basis point to 2.59% compared to previous business day. The 10Y Swap decreased with 2 basis points to 3.09% 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.