Market Information Wednesday 25 March 2026

The 6M Euribor increased with 6 basis points to 2.47% compared to previous business day. The 10Y Swap increased with 6 basis points to 3.10% compared to previous business day.
The US has drafted a 15-point plan to end its conflict with Iran, delivered via Pakistan, as the economic toll of the nearly month-long war mounts. Oil prices fell sharply in response, with Brent dropping as much as 7% to around $97 per barrel and West Texas Intermediate (WTI) near $88. Despite diplomatic overtures, Iran has signalled little willingness to negotiate, while commercial traffic through the Strait of Hormuz remains severely disrupted.

Fed Governor Michael Barr stated Tuesday that the Federal Reserve may need to hold rates steady for a “considerable time” before further cuts are justified. With the Personal Consumption Expenditures (PCE) index running roughly one percentage point above the Fed’s 2% inflation target, Barr emphasized the need for sustained disinflation in goods and services before easing policy further. The Fed kept its policy rate unchanged at 3.5% to 3.75% last week.

Gold prices rose sharply on Wednesday, with spot gold up 2.56% to $4,588 per ounce and April futures up over 4% to $4,597.7 per ounce. Goldman Sachs attributed the recent gold pullback to higher rate expectations and market volatility, while maintaining a year-end price expectation of $5,400 per ounce.

The 6M Euribor increased with 6 basis points to 2.47% compared to previous business day. The 10Y Swap increased with 6 basis points to 3.10% 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.