Market Insights

Market Information Wednesday 3 January 2024

Construction spending in the United States increased in November, according to data released by the U.S. government on Tuesday. On a monthly basis, expenditures rose by 0.4%. Analysts had expected an increase of 0.6%. On an annual basis, construction spending in November increased by 6.2%.

In November, the money supply in the eurozone declined again, as indicated by data from the European Central Bank released on Tuesday. On a year-on-year basis, the broad money supply, known as M3, decreased by 0.9%, following a contraction of 1.0% in October. Credit provision to households increased by 0.5% in November, compared to a growth of 0.6% in October.

In December, the industry in the eurozone contracted again, albeit to a lesser extent than in previous months, as indicated by the final figures released by S&P Global on Tuesday. The Purchasing Managers’ Index reached 44.4, compared to 44.2 the previous month, marking the highest level in seven months. An index reading above 50 indicates growth, while a reading below 50 indicates contraction.The 6M Euribor decreased with 2 basis points to 3.86% compared to previous business day. The 10Y Swap increased with 3 basis points to 2.52% 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.

This site is registered on wpml.org as a development site.