Market Information Monday 30 December 2024

The U.S. experienced an 18% surge in homelessness over the past year, largely attributed to factors such as unaffordable housing, persistent inflation, and increasing immigration, according to the Department of Housing and Urban Development. This increase means approximately 23 out of every 10,000 individuals were without stable housing, spanning emergency shelters to unsheltered conditions. Particularly alarming is the 33% rise in homelessness among children under 18, totaling 150,000 affected youths.

France is aiming for a budget deficit just above 5% of GDP by 2025, according to Finance Minister Eric Lombard. This target is slightly higher than that of the previous government but lower than the expected deficit of over 6% this year, which is twice the European standard. Lombard emphasizes that the focus will be on reducing government spending, with minimal tax increases, to protect growth.

The price of crude oil rose on Friday after Israel conducted military actions against Houthi rebels in Yemen, raising concerns about increased instability in the oil-rich region. Additionally, a decrease of 3.2 million barrels in U.S. oil inventories contributed to the upward price trend.

The 6M Euribor decreased with 1 basis point to 2.60% compared to previous business day. The 10Y Swap increased with 6 basis points to 2.39% 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.