Market Information Tuesday 12 August 2025

President Donald Trump has postponed the increase in U.S. import tariffs on Chinese goods until November 9, delaying today’s planned increase to 80–85%. The 90-day extension allows more time for trade talks and a potential meeting with Xi Jinping later this year. Previous discussions in Sweden between the two nations were constructive.

Oil prices rose slightly on Monday after a sharp drop last week. The drop was prompted by expectations of a meeting between the US and Russian presidents in Alaska. A potential Ukraine peace deal could lift sanctions on Russian oil, increasing the risk of oversupply. Analysts also highlight OPEC’s production hike, global tariff risks, and economic slowdown as key market factors.

President Donald Trump announced that the US will not impose tariffs on imported gold, ending several days of market uncertainty. His statement came after a US customs ruling on new duties for traded gold bars had sent prices to record highs. Following Trump’s post, spot gold prices decreased with 1.2 percent to $3,357 and futures gold prices fell sharply with a decrease of 2.5 percent to $3,407.

The 6M Euribor decreased with 1 basis point to 2.08% compared to previous business day. The 10Y Swap decreased with 1 basis point to 2.65% 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.