Market Information Wednesday 18 June 2025

The German research institute (ZEW, Zentrum für Europäische Wirtschaftsforschung) revealed yesterday that the ZEW index, which measures economic sentiment, has further increased in June. The expectations index rose from 25.2 in May to 47.5 this month, while the index for the current situation also improved from -82.0 to -72.0.

Yesterday, the oil price rose significantly as a result of the further escalation of the conflict between Israel and Iran, combined with President Trump’s call for unconditional surrender by Ayatollah Khamenei. On the New York Mercantile Exchange, the futures for West Texas Intermediate crude oil increased by 4.3 percent to 74.84 dollars per barrel, while Brent oil ended up 4.4 percent higher at 76.45 dollars.

The Federal Reserve announced yesterday that industrial production in the US decreased by 0.2 percent in May. Capacity utilization also declined, from 77.7 percent in April to 77.4 percent in May, whereas a slight increase of 0.1 percent had previously been observed. The Fed will convene today to discuss monetary policy.

The 6M Euribor decreased with 1 basis point to 2.05% compared to previous business day. The 10Y Swap is unchanged at 2.56% 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.