Market Information Wednesday 15 April 2026

US consumer spending and savings remain resilient despite the Iran war, with JPMorgan deposits up 2% year on year and Citibank card spending rising 5%, according to quarterly results from JPMorgan, Wells Fargo and Citigroup. Fuel costs have jumped 25% to 30% since the Strait of Hormuz blockade, though bank CEOs note spending behaviour has yet to adjust. Loan writedowns remain stable, but executives warn a prolonged conflict hitting the labour market could change that.

The dollar fell to six-week lows, surrendering nearly all gains made since the Iran war began, as renewed hopes of US-Iran talks lifted risk appetite across asset classes. The euro rose to $1.1793 and the dollar index slipped to 98.109, while Brent crude fell to $94.52 after tumbling 4.6% in the previous session. Markets appear to be pricing the conflict as a temporary energy shock, with analysts citing growing expectations of a negotiated settlement ahead of US midterm elections.

Asian shares climbed to six-week highs, with MSCI’s Asia-Pacific index gaining 1.5% and Japan’s Nikkei rising 1.2% to 58,561, as hopes for resumed US-Iran talks pushed Brent crude below $100. The Nasdaq extended its winning streak to ten consecutive sessions overnight, while US producer inflation rose less than expected in March, easing war-driven price fears. The IMF warned the global economy would teeter on the brink of recession if the conflict worsens.

The 6M Euribor decreased with 1 basis point to 2.44% compared to previous business day. The 10Y Swap decreased with 6 basis points to 3.05% 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.