Market Information Wednesday 21 February 2018

Market Information Wednesday 21 February 2018

Preliminary figures of the European Commission show that consumer confidence in the eurozone has decreased in February 2018 compared to January 2018. The index decreased from a revised 1.4 in January 2018 to 0.1 in February 2018. Economists expected a value of 1.0 in February 2018. In the European Union, consumer confidence decreased from 0.4 last month to -0.3 in February 2018.

In January 2018, producer prices in Germany increased by 0.5% compared to December 2017, as published by the German Federal Statistical Office. Economists expected an increase of 0.3%. In December 2017, producer prices increased by 0.2% compared to November 2017.

According to figures published by research institute ZEW, German analysts’ confidence in the economy has decreased in February 2018 compared to January 2018. The ZEW-index, which measures confidence for the upcoming three to six months, was 17.8, compared to 20.4 the previous month. Economists expected a value of 16.0.

The 6M Euribor remained unchanged at -0.27% compared to previous business day. The 10Y Swap remained unchanged at 1.15% 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. For more history of these rates or other rates feel free to ask: update@zanders.eu

Market Information Tuesday 20 February 2018

Market Information Tuesday 20 February 2018

Figures published by the European Statistical Office Eurostat show that output of the construction industry in the Eurozone increased by 0.1% in December 2017 compared to November 2017. The increase follows an increase of construction output of 0.2% in November 2017. Construction output in the European Union increased by 0.6% in December 2017 compared to November 2017, the monthly increase in November was 0.5%.

According to the German Federal Statistical Office, producer prices in Germany increased by 0.5% in January compared to December 2017. Economists expected an increase of 0.3%. Compared to January 2017, producer prices increased by 2.1% compared to an increase of 1.8% forecasted by economists.

Yesterday the American stock exchanges were closed due to President’s Day.

The 6M Euribor increased with 1 basis point to -0.27% compared to previous business day. The 10Y Swap increased with 2 basis points to 1.15% 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. For more history of these rates or other rates feel free to ask: update@zanders.eu

Market Information Monday 19 February 2018

Market Information Monday 19 February 2018

According to the British Office for National Statistics, consumers in Great Britain spent slightly more in shops and online in January 2018 compared to December 2017. In January 2018, retail sales increased by 0.1% on a monthly basis. The increase was lower than expected by economists. Compared to January 2017, retail sales increased by 1.6%. This is the lowest annual increase in retail sales in four years and lower than expected by economists.

In February 2018, U.S. consumer confidence has increased. The preliminary consumer confidence index of the University of Michigan increased from 95.7 in January 2018 to 99.9 in February 2018. Economists expected a decrease to 95.4.

Figures published by the American government show that the increase in import prices in the United States exceeds the increase in export prices. In January 2018, import prices in the United States have increased by 1.0% in comparison to December 2017. Economists expected an increase of import prices by 0.6%. Over the same period, export prices of the Unites States increased by 0.8% on a monthly basis.

The 6M Euribor remained unchanged at -0.28% compared to previous business day. The 10Y Swap decreased with 4 basis points to 1.13% 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. For more history of these rates or other rates feel free to ask: update@zanders.eu

Market Information Friday 16 February 2018

Market Information Friday 16 February 2018

In 2017, the export of goods from euro countries to the rest of the world has increased with 7.0% to a value of almost 2,193 billion euro, as announced by the European bureau of statistics Eurostat. The imports of the nineteen Eurozone countries reached a value of almost 1,955 billion euro, an increase of 9.7% compared to 2016. For the whole European Union consisting of 28 countries, the export of goods increased by 7.7%.

In the fourth quarter of 2017, unemployment in France decreased from 9.6% in the third quarter of 2017 to 8.9%, which can be concluded based on numbers of the French bureau of statistics. It is the first time since 2009 that unemployment reached a level below 9.0%. Economists expected an unemployment rate of 9.5%.

According to the United States government, producer prices in the US have increased by 0.4% in January 2018, compared to December 2017. This increase was in line with economists’ expectations. In December 2017, producer prices did not change.

The 6M Euribor remained unchanged at -0.28% compared to previous business day. The 10Y Swap increased with 1 basis point to 1.17% 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. For more history of these rates or other rates feel free to ask: update@zanders.eu

Market Information Thursday 15 February 2018

Market Information Thursday 15 February 2018

The European bureau of statistics Eurostat reported that the Eurozone economy experienced a growth of 0.6% from the third to the fourth quarter of 2017. This economic growth concurs with Eurostat’s previous forecasts. The economic growth from the second to the third quarter of 2017 was slightly higher at 0.7%. Compared to the fourth quarter of 2016, the Eurozone economy has grown by 2.7%. Furthermore, Eurostat reports that for both Eurozone and the European Union the economic growth over 2017 has been 2.5%.

Yesterday, the United States (US) government reported that the US inflation has remained constant in January compared to December 2017, at a level of 2.1% annually. Economists forecasted a decrease in inflation for the same period, forecasting a rate of 1.9% annually. The US government further stated that consumer prices have increased by 0.5% on a monthly basis in January. The increase in consumer prices is said to be due to increased rent, fuel, clothing and health care expenses.

The Dutch central bureau of statistics (CBS) reported that the Dutch economy has grown by 3.1% in 2017. This economic growth marks the highest annual growth in the past decade. In the fourth quarter of 2017 the economic growth is estimated to be 0.8% relative to the third quarter of 2017. The CBS further reported that the economic growth can be explained by an increase in investments and exports.

The 6M Euribor remained unchanged at -0.28% compared to previous business day. The 10Y Swap increased with 1 basis point to 1.16% 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. For more history of these rates or other rates feel free to ask: update@zanders.eu