Market Information Friday 12 March 2021

The European Central Bank (ECB) decided on Thursday to leave its policy rates unchanged and to maintain the bond buying program. The decision of the ECB is in line with analysts’ expectations. The ECB does expect, however, that the speed of the purchases of the pandemic buy-back program will be increased significantly in order to continue to guarantee favourable financing conditions. The ECB has indicated that it will buy flexibly in accordance with market conditions.

Figures from the US Department of Labor show that 712,000 Americans filed for an initial jobless claim in the week ending March 6, 2021. This is a decrease compared to the week before, when 754,000 applications were submitted. Economists had expected 725,000 new unemployed in advance.

The Central Bureau of Statistics (CBS) announced on Friday that Dutch exports increased by 3.6% in January 2021 compared to January 2020. It is the largest volume growth in exports since January 2020. In addition, the volume of imports increased by 1.6% in January 2021 compared to January 2020.

The 6M Euribor is unchanged at -0.52% compared to previous business day. The 10Y Swap decreased with 1 basis point to 0.00% 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.