Market Information Monday 20 July 2026

The European Commission plans to overhaul public procurement rules, shifting focus from price to security, sustainability and strategic autonomy to strengthen the bloc’s competitiveness. Public procurement accounts for about 15% of EU GDP, yet only 5% of contracts are awarded across borders, prompting efforts to create a more integrated market. The proposals would increase transparency, tighten scrutiny of non-European suppliers and introduce national oversight authorities.

Oil prices climbed as escalating tensions in the Middle East raised concerns over disruptions to shipments through the Strait of Hormuz. Brent crude rose 2.5% to above $90 per barrel, while WTI gained 2.3% to $84.38, reflecting fears of a tighter oil market. Analysts warn that declining Gulf exports could tighten inventories by September, supporting prices in the $95 to $105 range.

China stepped up efforts to support its stock market after a sharp selloff, with state backed investment funds increasing equity purchases and regulators convening industry participants to bolster confidence. The benchmark CSI 300 Index fell 5.3% last week, extending pressure on the world’s second largest equity market following weakness in global technology stocks. Authorities aim to stabilize capital markets through targeted interventions and continued support for domestic shares.

The 6M Euribor decreased with 3 basis points to 2.69% compared to previous business day. The 10Y Swap is unchanged at 3.17% 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.