Market information
Friday, March 19, 2010
In February, the U.S. index of leading indicators increased for the eleventh consecutive month. The index rose by 0.1%, in line with expectations of economists. The index is considered an indicator for economic growth in the next three to six months.
In February, the U.S. inflation rate was 2.1%. This is slightly lower than analysts’ expectations of 2.3%. The core inflation (inflation excluding food and energy) remained unchanged at 0.1% in February. This was in line with expectations of analysts. Last week, the number of new applications for unemployment benefits in America dropped by 5,000 to 457,000. Analysts expected the number to drop to 455,000 applications.
The trade deficit in the euro zone turned out to be higher than expected. A sharp fall in export trade deficit caused the deficit to decrease to € 8.9 billion. Analysts expected the deficit to be € 4.0 billion. In December, the euro zone had a trade surplus of € 4.4 billion.
The 6M Euribor remained unchanged at 0.95%. The 10Y Swap increased 3 basis points to 3.33%.
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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Economic view
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risk management, financing, treasury, cash management, working capital, investments, Basel III
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Client Cases
Netherlands State Treasury Agency
Going the extra mile for the national treasurer
public sector, treasury management, financing, treasury, publieke sector
