Market Information Wednesday 5 March 2025

The European Commission announced a plan yesterday to enhance Europe’s defense capabilities, involving a collective loan of 150 billion euros to member states as part of a broader 800 billion euro package. These funds are aimed at developing pan-European systems, such as air and missile defense, to improve the overall security infrastructure.

According to figures released by Eurostat yesterday, the unemployment rate in the eurozone remained stable at 6.2 percent in January versus previous year’s rate of 6.5 percent in January 2024.

South Korea experienced a decline in industrial production and corporate investment in January, signaling increased uncertainty over U.S. tariffs and their global impact, according to government data released yesterday. Seasonally adjusted figures show a 2.3% decrease in factory output, contrasting with a 3.9% rise in the previous month. Despite the U.S.-Korea Free Trade Agreement, plans by the Trump administration to implement a 25% tariff on steel and aluminum worldwide, including South Korea, add to economic concerns.

The 6M Euribor decreased with 3 basis points to 2.33% compared to previous business day. The 10Y Swap increased with 1 basis point to 2.41% 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.