Market Information Friday 14 June 2019

The US government reports that import prices fell by 0.3% in May compared to April. US export prices fell by 0.2% on a monthly basis, following an adjusted plus of 0.1% a month earlier. Economists had anticipated a fall in import prices of 0.2%. In April, import prices increased by a revised 0.1%.

Yesterday, the oil price suddenly jumped up after a suspected attack on two tankers in the Gulf of Oman. The price of American oil increased by 2.5% to USD 52.43. A barrel of Brent oil increased by 2.8% and was traded for 61.64 USD. According to experts, the incident in the Gulf of Oman and previous incidents with tankers in the Persian Gulf last month increases the chance of disruptions in oil transport.

The 6M Euribor is unchanged at -0.26% compared to previous business day. The 10Y Swap decreased with 2 basis points to 0.26% 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.