Market Information Monday 5 August 2024

Employment in the United States increased less than expected in July, with only 114,000 new jobs instead of the expected 185,000. The unemployment rate was 4.3%, higher than the expected 4.1%. Average hourly wages increased by 0.2% month-on-month USD 35.07, while annual wage growth was 3.6%, slightly lower than the expected 3.7%.

French industrial production increased by 0.8% in June month-on-month, following a 2.2% decline in May, slightly above economists’ expectations. The manufacturing sector also saw a production increase of 0.8%, after a 2.7% contraction in May. On a yearly basis, industrial production decreased by 1.2%, while the manufacturing sector saw a decline of 1.4%.

The euro increased with 0.2% to USD 1.0816 on Friday. The European currency was also up 0.2% against the British pound to GBP 0.8492. The British pound was flat at USD 1.2738.

The 6M Euribor decreased with 2 basis points to 3.56% compared to previous business day. The 10Y Swap decreased with 4 basis points to 2.50% 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.