Market Information Monday 16 September 2024

Industrial production in the eurozone decreased by 0.3 percent in July compared to the previous month, according to data from Eurostat. This decline was in line with economists’ expectations. The initial decline of 0.1 percent in June was revised to a stable production level (no change).

French inflation in August fell more sharply than initially expected, dropping from 2.3 percent in July to 1.8 percent in August. Preliminary figures indicated a drop to 1.9 percent, but final data released by the French statistics bureau Insee show a larger decline.

The Russian central bank raised interest rates again last Friday. The policy rate was increased from 18.0 to 19.0 percent. In a previous decision at the end of July, the rate had already been raised by 2 percentage points.

The 6M Euribor decreased with 4 basis points to 3.31% compared to previous business day. The 10Y Swap decreased with 2 basis points to 2.40% 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.