Market Information Friday 10 December 2021

Between November 27 and December 4, 184,000 initial jobless claims were filed in the United States, reaching the lowest point in over 52 years. The number of jobless claims fell by 42,000 from a week earlier, significantly exceeding economists’ forecasts. A decrease of 15,000 to a total of 211,000 claims was expected.

Chinese consumer prices increased by 2.3% on an annual basis in November. This was reported by figures published by the National Bureau of Statistics (NBS). In October, the annual inflation rate was still 1.5%. Rising food prices in particular pushed inflation upwards. The monthly inflation rate in November was 0.4%, a slight decrease from the October inflation rate of 0.7%.

German exports increased by 4.0% in October to a total volume of EUR 121.3 billion. Economists had predicted an increase of 1.1%, so the actual increase is considerably higher. On an annual basis, exports increased by 8.1%. German imports also increased in October, by 5.0% compared to September. In total, German imports amounted to EUR 108.5 billion. Germany’s net exports thus amounted to approximately EUR 12.8 billion.

The 6M Euribor is unchanged at -0.54% compared to previous business day. The 10Y Swap decreased with 3 basis points to 0.12% 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.