Market information
Tuesday, March 16, 2010
Monday the U.S. Federal Reserve published figures. The figures show that U.S. industrial production increased. Compared to last month the U.S. industrial production rose in February by 0.1%, in January the growth was 0.9%. This figure is an important indicator of the future economic growth. The higher industrial production is good for employment in this sector and is usually motivated by a larger outlet. The capacity utilization also rose in February. Capacity utilization rose to 72.7%, in January it was 72.5%.Yesterday, ministers of 16 euro countries agreed ,in Brussels about the possible assistance to Greece. Greece will receive, if necessary, a loan or guarantee of the euro countries. With this Greece will receive no interest benefits and strict requirements imposed.
Yesterday the euro rose against the British pound to GBP 0.91. A reduction of the credit status of the UK, according to Moody's, is coming closer, whereby the pound dropped. The European currency dropped against most other currencies.
The 6M Euribor remained unchanged at 0.96%. The 10Y Swap decreased with 1 bp to 3.35%.
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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