Market Information Monday 16 June 2025

The upcoming trading week is focused on the U.S. interest rate decision, with the Fed expected to hold rates steady despite White House pressure to cut them. Other central banks including Japan’s, the UK’s, and China’s also convene to discuss monetary policy, while escalating Middle East tensions could further push up oil prices.

The US dollar fell to a three-year low after Donald Trump’s renewed trade threats and rising geopolitical tensions, including with Iran. Weak inflation data further pressured the dollar by increasing expectations of faster rate cuts from the Fed, while the euro strengthened on signs the ECB may soon end its rate-cutting cycle.

Investors are turning to silver and platinum as alternatives to gold and hedges against a weakening dollar, pushing both metals up over 10% this month. With concerns that gold is overvalued and supply shortages looming, silver has hit a 13-year high and platinum a four-year high, driven by both industrial and investor demand.

The 6M Euribor is unchanged at 2.05% compared to previous business day. The 10Y Swap increased with 5 basis points to 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.