Market Insights
Market Information Wednesday 19 June 2024
U.S. business inventories rose by 0.3% in April, matching economists’ expectations and reversing a slight decline from March, according to data from the U.S. Department of Commerce. Year-on-year, inventories increased by 1.0%, while sales also grew, rising 0.3% monthly and 2.2% annually.
Inflation in the Eurozone rose in May, with consumer prices increasing by 2.6% year-on-year compared to 2.4% in April, as confirmed by final figures from Eurostat. Core inflation, an important measure for the ECB which excludes volatile prices such as energy, food, alcohol, and tobacco, also increased to 2.9% from 2.7% the previous month.
U.S. retail sales saw a modest increase of 0.1% in May, slightly below the 0.2% economists had predicted, according to government figures. Despite a revised 0.2% decline in April, year-on-year sales rose by 2.3%.
The 6M Euribor decreased with 3 basis points to 3.71% compared to previous business day. The 10Y Swap decreased with 3 basis points to 2.72% 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.