Market Information Thursday 14 August 2025

US stocks rose on Wednesday with the Dow Jones gaining over 450 points or more than 1 percent while the S&P 500 and Nasdaq added about 0.3 percent and 0.1 percent. The gains came after inflation for July rose less than expected, fuelling investor confidence. Traders have now fully priced in a Federal Reserve rate cut in September with growing bets on a larger 50 basis point move.

Global ex-US equity funds attracted $13.6 billion in July, their biggest inflow since December 2021, while US focused funds lost $6.3 billion for a third month in a row. Gains of 19% in Europe and 14% in Asia this year have surpassed the S&P 500’s 7.2% rise. A 10% drop in the dollar and lower price to earnings ratios in markets excluding US are drawing more investors to these markets.

Japan’s Nikkei jumped 1.4% to a record 43,309.62, up 7.5% since August 4, while the broader Topix rose 1% to an all-time high of 3,097.94, both marking six straight sessions of gains. The rally followed record closes on Wall Street after July inflation data lifted expectations of a US rate cut next month. Tech shares led the advance, though a stronger yen curbed some momentum.

The 6M Euribor increased with 1 basis point to 2.10% compared to previous business day. The 10Y Swap decreased with 5 basis points to 2.64% 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.