Market Information Friday 12 June 2020

Figures from the US Department of Labor show that producer prices in the United States increased by 0.4 percent in May 2020 compared to April 2020. In April 2020, producer prices decreased by 1.3 percent compared to March 2020. Economists had anticipated an unchanged price level. On an annual basis, producer prices decreased by 0.8 percent in May 2020 compared to May 2019.

In addition, the US Department of Labor published figures on Thursday, showing that 1.5 million Americans filed for social assistance benefits during the week ending June 6, 2020. That is a decrease compared to a week earlier, the number of unemployed increased by 1.9 million. Economists had expected 1.6 million new unemployed.

Industrial production in Japan decreased by 9.8 percent in April 2020 compared to March 2020. This follows from revised figures published by the Japanese Ministry of Trade and Industry on Friday. Previously, a decrease of 9.1 percent was reported. On an annual basis, Japanese industrial production decreased by 15.0 percent in April 2020, compared to April 2019.

The 6M Euribor is unchanged at -0.19% compared to previous business day. The 10Y Swap decreased with 7 basis points to -0.11% 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.