Market Information Monday 9 October 2023

The U.S. jobs report for September shows that employment has increased much more than expected, with 336 thousand new jobs added, surpassing market’s expectation of 170 thousand jobs. Unemployment remained steady at 3.8%, the same as August, despite economists’ expectations of 3.7%.

In August, consumer credit in the United States decreased by $15.6 billion, as reported by the Federal Reserve. This follows an increase of $11 billion in July, where originally, an increase of $10.4 billion had been reported.

After the outbreak of the war between Israel and Hamas, the Israeli currency depreciated. The Israeli central bank attempted to support the currency by selling $30 billion of foreign currency. In addition to the pressure on the currency, the price of gold is now rising as a safe haven, and the price of oil is increasing due to the new instability in the region.

The 6M Euribor is unchanged at 4.13% compared to previous business day. The 10Y Swap increased with 1 basis point to 3.44% 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.