Market Information Thursday 3 August 2023

The employment in the private sector in the United States increased more than expected in July, according to figures from payroll processor ADP. The number of jobs increased by 324,000 in July, following a rise of 455,000 in June.

According to data from S&P Global, the Chinese service sector displayed a slightly stronger growth in July. The purchasing managers’ index (PMI) for the service sector increased from 53.9 in June to 54.1 in July. S&P Global described this growth rate as “solid.”

On Wednesday, data from the U.S. Energy Information Administration (EIA) revealed a significant decline in crude oil inventories in the United States last week. In the week ending on July 28, inventories dropped by 17.0 million barrels to 439.8 million barrels.

The 6M Euribor increased with 2 basis points to 3.95% compared to previous business day. The 10Y Swap decreased with 2 basis points to 3.12% 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.