Market Insights
Market Information Monday 11 March 2024
The final measurement of economic growth in the fourth quarter of the Eurozone revealed a modest annual growth of 0.1 percent. The economy’s growth over 2023 did undergo a change from 0.5 percent to 0.4 percent, while for the third quarter there was a change from unchanged to 0.1 percent annual growth.
German producer prices declined less on a yearly basis in January, with a decrease of 4.4 percent, and the German industry produced 5.5 percent less in January compared to the previous year, which was even lower than expected.
The official U.S. jobs report indicated a significantly stronger job growth than expected in February, with an increase of 275,000 jobs. This was a positive surprise compared to the anticipated rise of 198,000 jobs.
The 6M Euribor increased with 1 basis point to 3.91% compared to previous business day. The 10Y Swap decreased with 4 basis points to 2.56% 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.