Market Information Friday 12 July 2019

Figures published by the U.S. Labor department show that the inflation rate was 1.6% in June on an annual basis, compared to 1.8% the previous month. This is in line with the expectations of economists. Core inflation decreased from 2.1% in May to 2.0% in June.

The Japanese ministry of Economy, Trade and Industry (METI) stated that the Japanese industrial production increased by 2.0% in May with respect to April. This is lower than the preliminary estimate of 2.3%. On an annual basis, the industrial production shrunk by 2.1%, more than the estimated decrease of 1.8%.

Statistics Netherlands (CBS) announced that the number of companies that declared bankruptcy in the Netherlands (sole proprietorship excluded) increased slightly in June. A total of 253 companies were declared bankrupt, 6 more than in May. Relatively speaking, most bankruptcies were declared in the catering industry.

The 6M Euribor increased with 1 basis point to -0.33% compared to previous business day. The 10Y Swap increased with 5 basis points to 0.22% 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.