Market Information Monday 25 November 2024

Japanese consumer prices increased slightly in October, with a 0.6% rise month-on-month following a 0.3% decline in September. However, annual inflation eased to 2.3% in October, compared to 2.5% in September, according to government data.

Both the services and industrial sectors in the eurozone contracted in November, according to preliminary S&P Global data. The services PMI dropped from 51.6 in October to 49.2 in November, while the industrial PMI fell from 45.8 to 45.1. The composite index declined from 50.0 to 48.1, marking its lowest level in ten months.

Global steel production rose slightly in October, supported by output growth in Europe and South America. The 71 steel-producing countries delivered 151.2 million tons of steel, a 0.4% increase year-on-year. This follows declines of 4.7% in September and 6.5% in August, according to the World Steel Association.

The 6M Euribor increased with 2 basis points to 2.78% compared to previous business day. The 10Y Swap decreased with 6 basis points to 2.27% 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.