Market Information Wednesday 26 February 2025

Consumer confidence in the United States significantly declined in February due to concerns about employment, rising prices, and import tariffs. The decline potentially indicates an impending economic recession, as shown by figures released yesterday by The Conference Board. The confidence index dropped from 105.3 to 98.3, more than anticipated.

In the fourth quarter, the German economy contracted according to figures from Destatis. The gross domestic product shrank by 0.2 percent compared to the previous quarter and showed the same decline on an annual basis.

In February, Brazil witnessed its steepest monthly increase in the IPCA-15 consumer price index in nearly three years. This surge was largely driven by escalating housing and education expenses, pushing annual inflation to its highest level since late 2023. The statistics agency IBGE reported a 1.23% rise in prices in the month by mid-February, marking the most substantial February increase since 2016.

The 6M Euribor decreased with 3 basis points to 2.42% compared to previous business day. The 10Y Swap decreased with 4 basis points to 2.38% 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.