Market Information Wednesday 15 November 2023

Figures from the US Department of Labor showed on Tuesday that consumer prices in the United States have increased less than expected. On an annual basis, consumer prices rose 3.2% last month while economists expected an inflation level of 3.3%. A month earlier, prices rose by 3.7% on an annual basis. Core inflation stood at 4.0% in October. The figure was positively received on stock and bond markets.

The figure that measures German economic sentiment, the ZEW index, rose in November and is currently above 0 again. This was evident from figures from the German ZEW institute on Tuesday. The index rose from -1.1 to a value of 9.8. The market expected an index figure of 5.0.

After three quarters of growth, the Japanese economy shrank in the third quarter of this year, according to final figures published on Wednesday by the Japanese government. On a quarterly basis, the economy shrank by 0.5% after growing 1.1% in the second quarter. On an annual basis, Japan’s gross domestic product contracted by 2.1% in the third quarter.

The 6M Euribor increased with 2 basis points to 4.09% compared to previous business day. The 10Y Swap decreased with 10 basis points to 3.08% 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.