Market information
Wednesday, February 10, 2010
Yesterday, the German Statistic Agency published figures about consumer prices in Germany. In line with expectations they decreased in January by 0.6% percent. In contrast to December, where the consumer prices rose with 0.8%. On a yearly basis the German consumer prices rose by 0.8% as well. The annual inflation rate in December was well below the target of the European Central Bank, which aims to keep inflation in the euro zone just below the 2%.Revival of Greek government bonds resulted ina increase of the euro, which ensured that the euro recovered against the dollar. The euro recorded at the end of the trading day in Europe $ 1.381, an increase of 1.2% compared to the $ 1.365 from Monday. The Greek government bonds revitalized considerably after rumors of a forthcoming European Union rescue plan. Interest on Greek government bonds fell by 36 basis points yesterday.
Yesterday published figures by the U.S. Department of Commerce have revealed that wholesale inventories in the United States in December fell by 0.8%, where economists expected an increase of 0.5%.
The 6M Euribor remained constant at 0.97%. The 10Y swap increased with 6 basis points to 3.43%.
In the attachment below, today’s market data on money and capital market rates as well as other rates are presented. For more history of these rates or other rates feel free to ask: .(JavaScript must be enabled to view this email address)
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